Interested to Buy Any Domain ? << Click Here >> for more details...
what is Bills Receivables and Bills Payables?
- 44 Answers
- 397524 Views
- Accenture, Banking, College School Exams Tests, Excel, Finance, Ford, Genpact, HCL, HR Capital Services, IBM, ICICI, MNC, Wipro, I also Faced
- E-Mail Answers
Answer Posted / girish
Answer
Bills Payable: the outstanding unpaid notes or
acceptances
Made and issued by an individual or firm.
Bills receivable: the unpaid promissory notes or
Acceptances held by an individual or firm.
| Is This Answer Correct ? | 65 Yes | 16 No |
Post New Answer View All Answers
What is Trade Recovery Estimate and how can we calculate it?
i need sbi bank clerk exam model question papers
what is corporate accounting?
what is the difference between accounts manager and finance manager?
why do you want to work here?
Pls Explain Accounting Standered 1,3,11,29
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
What are direct income and indirect income
define fixed assets
DESCIBE EXPORT PROCEDURE
shares journal entries
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
Interest earned on investments is an__________
