Answer / raju

Bills payable which is due from us to other party payable
for his services.. For ex; Telephone bills payable within
due date is known as BP.

Answer / ismail

recording of bills raised by the suppliers is called bills
payable/accounts payable

Answer / yogendra.c

It is a guarantee that the business gives to the vendors or suppliers for the payment on a specified date to a specified person or order.

In other way you can take it as authorization letter for a creditor.

Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c

4 Answers  

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how to prepare balance sheet pls tell me?

2 Answers  

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What is consignment cycle.?Explain the steps involved in the Consignmet..?

0 Answers  

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How to set/ determine credit limit for customers ?

2 Answers   Infosys,

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Reports in Accounts Payable

0 Answers   Accenture,

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How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.

0 Answers  

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how pass journal entry in the month ending for input vat and out put vat

0 Answers   Aegis,

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Please expain difference of service tax and entry tax and rates also in fy 2010-11 and how calculate these taxes

2 Answers  

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sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?

0 Answers   ABC, Concor,

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I want to know the Payroll Accounting Questions

0 Answers   Genpact, Infosys,

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Debit Card Come Under Which group in Tally 9?

0 Answers  

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what is indian income & foreign income

1 Answers   Wipro,

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