Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is bills payable and bills receivable?

Answers were Sorted based on User's Feedback



what is bills payable and bills receivable?..

Answer / meenakshi

Bills receivable is also called B/R.When we purchase
material etc from a party the a bill is created by the party
(called vendor) which is called bills receivable for the
vendor and bills payable for us.

Is This Answer Correct ?    3 Yes 5 No

what is bills payable and bills receivable?..

Answer / buddhpal

Bills is also payable and receivable. because bills when
we purchase any thing, and receive also when we sell some
goos to other party. so both are right.

Is This Answer Correct ?    0 Yes 4 No

Post New Answer

More Accounting General Interview Questions

where we can deposit the TDS Monthly Collection Amount form the Employees?

1 Answers  


what is o2c and cycle

1 Answers   Accenture,


when re ordring quantity is 300 unit.minimum usage is 20unit minimum lead time is 5 days , maximum stock 400 unit , re - ordering will be: 1)300 unit 2)200 unit 3)400 unit 4)100 unit

2 Answers  


How time sheets are maintained?

0 Answers  


In which account does the unpresented cheque will get recorded?

0 Answers  


What are the differences between accounting and auditing?

0 Answers  


we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

1 Answers  


What is the TDS rate for Salary???????

4 Answers  


WHAT IS SAP????

1 Answers  


a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do

0 Answers  


What is capital adequacy ratio? What is demat account?

0 Answers  


Paid-up capital ?

2 Answers  


Categories