Answer / azhar

BILLS PAYABLE IS THE BILLS WHICH HAS TO PAID OR DUE. BILLS
RECEVABLE IS THE BILLS TO BE RECEVABLE

Answer / anubha garg

A written evidence of debt that is payable to the holder; a
promissory note or an acceptance (a bill of exchange that
has been accepted) is in the hands of a person to whom it
is payable a bill receivable. A bill receivable that is
included under the head commercial paper is a promissory
note that has been received for goods sold and that has in
order to effect its discount (sale) been indorsed by the
party who received it.

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EXPAND______________PDF

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