Answer Posted / shyam singh rana

Account Receivable-- receivable means what business has to
receive form outside parties on revenue account. .In other
word amount due from debtors and for bill receivable is
jointy known as receivable.
Account Payable-- payable means what business has to pay to
outside parties. in other words amount due to creditor and
for bill payable is jointly known as payable.

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1109

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how sales invoices adjusted against advance received from Debtor?

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2041

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1066

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1653

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1870

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PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?

1888

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