WHAT ARE THE DISTINGUISH BETWEEN ACCOUNTS RECEIVABLE AND
ACCOUNTS PAYABLE

Answer Posted / janvi sangle

Accounts Receivables means Debtors,
Accounts payables means creditors of company

Is This Answer Correct ?    5 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

informance about performance is disclosed by

1796


Define partitioning in accounting?

1134


what is the Differed Tax Liability & How it is calculate ?

1970


wat is mass allocation and when it is used

1606


Explain me the difference between public and private accounting?

673






What qualifications have you achieved?

634


Tell us do you possess any knowledge about accounting standards?

633


pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1547


In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.

1388


How many invoices on average do you handle on a weekly/monthly basis?

670


salary payable deduct tds entry

1098


List of Indian accounting standards and international financial reporting standards

1143


What are a debit note and credit note with an example?

620


Are there any questions you would like to ask?

604


What is the procedure of submit bank guarantees and cancellation.

2047