Interested to Buy Any Domain ? << Click Here >> for more details...
what is accounts payable ..what is accounts receivable
- 2 Answers
- 3284 Views
- I also Faced
- E-Mail Answers
Answer Posted / sangram sahoo
Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
how can we get a leaverage in intraday market if are not a professional acount holder?
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
What are the 4 principles of gaap?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
What are the advantages of double entry system?
What is tally and its features?
If a transaction was missed completly how do you find it?
what are the voucher entries in tally for medical insurance
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
What are the objects of cost accountancy?
What is account payee cheque? Expand ctc cheque?
Why is accuracy important in accounting?
In accounting, vat abbreviates what?
