What is the nature of Bills Receivable account, I mean is
it a real account or personal a/c?
Answer Posted / abhinav
Debtors is a
personal A/c
that is for
sure.
B/R and B/P
should be of
same type.If
we classify B/
R as real then
what about B/
P it can't be a
real A/c becoz
its not an
asset.
So I believe it
should be a
personal A/c.
But my book
says B/R is a
real ac..
I am still
confused!
Is This Answer Correct ? | 14 Yes | 7 No |
Post New Answer View All Answers
Expand-------IETF
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
What is the accounting treatment for finance lease in lessee's viewpoint?
What is the important of cash in a business unit
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
what is differred tax liability? explain in detail with some example.
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
Short Answer on __________Trade
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Expand--------TAO
In SAP FICO How many ways we are Procuring the assets in the Company?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
can i get exact salary of clerk in SBI. and i want to know about promotion details .....