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what is the meaning of bills payable and bills receivables?
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Answer Posted / mallu s.k
Bills payable means the amount which is paid by the
organisation to the vendor for their credit purchases is
known as bills payable.
Bills receivables means the amount which is collected by
the organisation from the customer for their credit sale is
known as receivables.
| Is This Answer Correct ? | 79 Yes | 40 No |
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