what is Bills Receivables and Bills Payables?

Answer Posted / prem joel

bills payable is the amount payable to supplier on the
negotiable instrument in the form of bill of exchange given
to supplier.

bills receivable is the amount recievable on the negotiable
in the form of bill of exchange given by customer,

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

while i creating a main asset master there is a error called process being terminated? pls send the solution

1702


What is Analysing

1679


please specify some books name in preparing a bank exam apttirutude questions

1555


What is Free Cash?

1757


what are the models of valuation of the company

1548






Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

1589


Expand-------SNAT

1513


How to enter PO in SAP

1462


what can increase gearing?

1990


what is Functional Specification in SAP FICO?

429


what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

1861


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

1533


who invented acounts?

1408


WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

1532


Expand-------MTRS

1782