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Define bills receivable?


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More Accounting General Interview Questions

How do you add/remove a payment block for particular invoice ?

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what are the different types of expenditures considered for the purpose of accounting?

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Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

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why closing stock is not shown in trail balance

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X is multiplied with 10 or divide with 10 then he will get 100. then x=?. (Praveen MBA)

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