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what is Bills Receivables and Bills Payables?
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Answer Posted / shyam sunder
bill receivable means when u buy any thing in credit then
drawer wil make bill of exchange and for drawer that bill
is know as bill receivable
and for drawee that bill is know as bill payable
who is drawer
is shyam sold goods to ram on credit then shyam is drawer
and ram is drawee
| Is This Answer Correct ? | 1 Yes | 2 No |
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