Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / yedukondalu
in every bussiness there is a chance to sell the product or
to provide the service on credit this credit amount will
get in fuature these are nothing but bills receivable.
hear in this concept we have two parties
one bill writer (business or organation.
two Acceptors.
bills receviables are the current assect for the company.
entry:
Bills receivable A/c dr. 000
To Acceptors A/c 000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the meaning of 4X and 10X value in intraday market?
What is use of statistics in accounting?
What are the uses of journal in accounting?
Explain what are the accounting events that are frequently involved in compound entries?
What is full rate on plywood box in haryana sale tax:
is we can prepare any account for partnership in tally
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
Define executive accounting?
What are mis reports?
hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer
Define a company's payable cycle?
Explain under what type of account does the unearned revenues fall?
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
