Interested to Buy Any Domain ? << Click Here >> for more details...
what is bills payable and bills receivable?
- 3 Answers
- 7602 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
bills payable is our liability and bills receivables are
our assets. like sundry creditors or debtors.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / prathiba.p.v@gmail.com
A bill of exchange or a promissory note payable by the
business is known as bills payable. And a bill of exchange
or a promissory note receivable by the business is known as
bills receivable.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / sreenatha reddy a
a bill Is Discounted in A Discount Agent for Some Discount at the Maturity or the Due Date The Bill is Payable at the Full Value Is Called bills Payable and for Bills Receivable It is Quite Opposite
| Is This Answer Correct ? | 9 Yes | 4 No |
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
our company purchased a used Forklift car. it is 6 year old. since it has reached its depreciated value, do i need to take it as a Fixed Asset? or just book it as an expense ?
What is bond ? What is capital market?
we deposited securoty to a party and now due to us interest amount then party deduct TDS on interest but we not recive cash or in bank he credited our account in his books so what will be the journal entries in our's books.
In which we will use Annuity depreciation method?
which report give the data of GL with materials details in sap?
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
what is dmat charges?
What is use of statistics in accounting?
what is subscription order
What is Rectification of Errors and types of errors?
Audit 
