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what is the meaning of bills payable and bills receivables?
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Answer Posted / paras
Bills payable is liability document of company which shows
its liability towards creditor from it whom company has
purchase some thing and bills receivable is asset document
which shows our debtors liability to us i.e how much amount
we have to rececieve from that person
| Is This Answer Correct ? | 41 Yes | 18 No |
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