what is bills receviables?
- 9 Answers
- 8711 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
it means bill of exchange or sundry debitor recived from
the trader.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / nayeem islaahi
A bill in respect of which a party has to receive money is
called bills receivable.
Journal entry for B/R is:
Bills receivable A/c dr. ****
To Acceptors A/c ****
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / ashish
it means that what we have to receive from Sundry debtors
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sunilkumarsuresh
Bills Recievable a/c Indicates the Invoices Due for Payment
but not Recieved.Bills Recievables are Current assets of
the firm .
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ramakram
Bills receiveable is the amount which we have to receive for
the services made by us at a later date and it is shown in
the current asset.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / syed adnan
written promise received from the other traders for selling
the goods are known as bills receivable
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / yedukondalu
in every bussiness there is a chance to sell the product or
to provide the service on credit this credit amount will
get in fuature these are nothing but bills receivable.
hear in this concept we have two parties
one bill writer (business or organation.
two Acceptors.
bills receviables are the current assect for the company.
entry:
Bills receivable A/c dr. 000
To Acceptors A/c 000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vijay
It is one of the accounting transactions dealing with the
billing of a customer for goods & services received by the
customer
| Is This Answer Correct ? | 0 Yes | 0 No |
Explain things that fall under intangible asset?
what is SEC,BED
how do you calculate depreciation on land?
how to deduct tds on income from other sources with examples
I want to know service tax applicable on Packers & Movers yes or no
Honda car dr 11556 purchase 25/08/2010 to bank cr 4100 to loan cr 7456 Installment paid upto 31/7/2012 @ 207/-pm (total 4761/-) Loan Bal. 2695/- Car was cancelled due to accident in June-2012. Finance company refunded 6656/-(15/08/2012) Total accumulated depreciation was 5202.318. what will be the Car write-off entry..??
what do u mean by profit prior to incorporation
PAID TO SALARY FOR JASIL 1500.JASIL LOAN 500
What is reversing journal entries?
What information is included in a bill for services?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
In tally software Alt+R ,Alt+u is used for?
Audit 
