Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / rajesh nalla
It means purchase made from the supplier on credit
basis.supplier draws a bill that is called bills payable.
three steps to genarate a bill
1.Taking purchase order
2.Deliavring goods (or) services
3.Genarating invoice
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
why gross profit transfering to profit & loss account
How to maintain Purchase Orders ? Please explain by proper format.
All Accounting Question Related Send Me ..
service tax form no ? What is CC Limit ? What is branch accounts?
explain sales/purchase accounting?
i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
outstanding expenses, prepaid or unexpired expenses
can any one send me payables real time scenarious or any projects
What are the rates of Depreciation? Like machinery items, wooden items?
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
which name written in Tan application form Applicant is sole proprieter companies name or individual name?
Expand----------SAMC
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
