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what is the entry for accounts receivables and accounts
payables? what is the entry for bills receivables and bills
payables?
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Answer Posted / ramulu
Accounts recevable and bills recevable are same and at the
same time Accounts payables and Bills payables are same
1)Detors A/c Dr
To A.R/B.R A/c
2) A.p/B.p A/c Dr
To Creditors A/c
| Is This Answer Correct ? | 11 Yes | 6 No |
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