Interested to Buy Any Domain ? << Click Here >> for more details...
what is bills receviables?
- 9 Answers
- 10837 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
it means bill of exchange or sundry debitor recived from
the trader.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / nayeem islaahi
A bill in respect of which a party has to receive money is
called bills receivable.
Journal entry for B/R is:
Bills receivable A/c dr. ****
To Acceptors A/c ****
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / ashish
it means that what we have to receive from Sundry debtors
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sunilkumarsuresh
Bills Recievable a/c Indicates the Invoices Due for Payment
but not Recieved.Bills Recievables are Current assets of
the firm .
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ramakram
Bills receiveable is the amount which we have to receive for
the services made by us at a later date and it is shown in
the current asset.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / syed adnan
written promise received from the other traders for selling
the goods are known as bills receivable
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / yedukondalu
in every bussiness there is a chance to sell the product or
to provide the service on credit this credit amount will
get in fuature these are nothing but bills receivable.
hear in this concept we have two parties
one bill writer (business or organation.
two Acceptors.
bills receviables are the current assect for the company.
entry:
Bills receivable A/c dr. 000
To Acceptors A/c 000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vijay
It is one of the accounting transactions dealing with the
billing of a customer for goods & services received by the
customer
| Is This Answer Correct ? | 0 Yes | 0 No |
what is subscription order
What is the difference between Accruals and Provisions?
what is the difference between an invoice and bill?
What is accounts receivable?
if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary
Can we consider capital work in progress as a part of fixed assets?
How will service tax & excise be charged?
What is mean by authorized capital of company.?
How do we calculate the cost of investment?
I Give a Cheque for IPO in Saving Bank Account , What entry in tally accounting softwer With Example
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
What is the entry for provision of baddebts
Audit 
