what is Bills Receivables and Bills Payables?

Answer Posted / satheesh sivarajan

Generally peoples telling it as sundry debtors & sundry
creditors.

Bills Receivable - This is the amount which has promised to
recieve with the customer in the event of goods sold or
any services rendered.
Bills Payable means the amount payable for the cost of
goods purchased or services received.

Is This Answer Correct ?    92 Yes 28 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what do u mean by comparative budget?

1547


What Settlement details are required on the delivery instruction slip?

4354


why may types of accounts

1730


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

1739


Expand-------MUR

1635






WHAT ARE EQUITY SECURITIES?

1606


Expand---------MDOT

1562


can i get exact salary of clerk in SBI. and i want to know about promotion details .....

1458


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1498


What is specific reserve

2018


example of SOP

1513


what is controlership?

1871


Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.

1397


1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.

2334


Queries for Big4 Articleship : Whether son of CA in practice effects chances.

6507