Sir i want bill payable meeaning,Entryes

Sir
i want
bill payable meeaning,Entryes

Question Posted / k ram prasad

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Sir i want bill payable meeaning,Entryes ..

Answer / narender shilak

Bill Payable is a liablility for a business, as this is
issued at the time of purchase of anything from third
party.

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Sir i want bill payable meeaning,Entryes ..

Answer / madhu poor

1st u pass Jounral Entry in Tally

Dr. Bill Payable......... Amt.
Cr. Bill (Telephone etc.) ...... Amt.

At the time of payable u pass Payment Entry.

Dr. Bill ..........Amt.
Cr. Cash/ Chq (Bank) ........... Amt

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3 No

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