Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

please explain briefly about account receivables and
payables

Answer Posted / priyul

Account Receivables means sundry debtors.
Account Payable means sundry creditors.

Account Receivables : We have sold some goods & payment is
outstanding.

Accounts Payable : We have purchased goods & we have not
made payment yet.

Is This Answer Correct ?    15 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you possess any knowledge about accounting standards?

1082


what is cost center & cost categories in tally

2348


Mention whether the account "cash" will be credited or debited when a company pays a bill?

1168


Describe the proof of cash type of bank reconciliation?

1904


Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1989


Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

2238


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13959


what is the entry of credit card received excess amount entry in tally and their under group names

1369


What is your greatest achievement and why?

1009


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

2054


any one provide me mm & fi configration steps

2035


describe the rule of garner vs murray and how it relates to the dissolution of a partnership

5396


What are the 4 principles of gaap?

1113


There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.

1990


Which steps in Procurement to Pay process does FI documents get created.

2120