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why inward bill register (IBR)not called as Bills Payable?
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Answer Posted / sathya kishore pidugu
Usually Inward bill will be raised by vendor .The stock
which was note in that may change due to several reasons
like inward returns, wastge etc . Unless and until itwas
ratified by Inward stores Dept., Inward bill wil not turnup
as billspayable.
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