what is Bills Receivables and Bills Payables?
Answer Posted / nancy
bills receivables is nothing but the amount receivable from
the customers for which the negotiable instrument in the
form of bill of exchange is received from the customer.
bills payable is nothing but the payable to the suppliers
for which the negotiable instrument in the form of bill of
exchange is given to the suppliers.
Is This Answer Correct ? | 318 Yes | 73 No |
Post New Answer View All Answers
EXPAND___________NBW
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
How do the standards assist the users of financial report?
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
WHAT IS INTEGRAL ACCOUNTING
would gross expenditure vouch the correctness or otherwise of the given expenses?
What does my credit score mean?
what are the content of purchase order?
what is the nature of bill receivable and consignmenta/c
to attend interview for real estate company accounts
What is account
what is cost audit?
give me only one transactions in both side (debit&credit) should be in real accounts
what are the suggestions to control NPA in rural areas?