what is deprisiation?what is upprisiation?what is bill
receable and payable
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Answer Posted / vijay gombi
the gradual decrease in the value of assets due to wear and
tear is called deprisiation.
the increase in the value of asset is called apprisiation.
A document evidence the amount which we have to receive for
debtors is called bills receable
A document evidence the amount which we have to pay to
Creditors is called bills payable
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