why and how does bills receivable increases assets??
Answer Posted / ranjith
It is the amount Receivable just like debtors.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain me what makes a successful account manager?
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
what is the Journal entry for credit card bill paid from same bank account
What is fiduciary accounting?
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
What is the Technology used to carry out trades? Pls Tell me as early as possible.
what is the right process for input credit of Service tax. and on which service i can take credit.
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
What is band and why the company needs this?
Tell me what are the three factors that can affect your cash flow and business profitability?
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Why did you select accounting as your profession?
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?