Interested to Buy Any Domain ? << Click Here >> for more details...
what is the meaning of bills payable and bills receivables?
- 23 Answers
- 192720 Views
- Genpact, Mona Lisa, PP, Scope International, TATA, I also Faced
- E-Mail Answers
Answer Posted / lokesh
bills payable means, when the firm made credit purchases at
the time creditor write bill on the firm that amount , firm
and creditor both are accept. the is called bills payable.
bills receivable means like wish here firm write the bill
on debtor at that amount pay to this will pay in future
this is called bills receivables.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
npa is either person or account
what type of questions are asking for fund administration???
how many types of practice accounts?
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
What is money measurement concept
Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .
What is Accounting on Computers
What is Hot Issue Income for Hedge Funds?
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
Who to create a budget on software company
genpact uk based shift timings? and R2R job profile?
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
What is invoice accounting rules?
WHAT IS INTEGRAL ACCOUNTING
DEfine SAP
