what is the meaning of bills payable and bills receivables?
Answer Posted / asit kumar padhiary
When the amount is received from the debtors for their
credit sale is called as Bills receivables.
When the amount is paid to the creditor for their credit
purchase is called as Bills payable.
| Is This Answer Correct ? | 115 Yes | 41 No |
Post New Answer View All Answers
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
What is Direct Debit
Difference between nonoperating expentiture and non cash expenditure
Short answer on _______Amendment
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
what is non stock?
what salary you expect???
What exactly balance sheet depicts
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
What is Inventory Control?
What is revaluation of Accounts, how does it is accounted in business
what is circuit filter?
How can i prepare MIS report for Finance?