what is the meaning of bills payable and bills receivables?
- 23 Answers
- 187059 Views
- Genpact, Mona Lisa, PP, Scope International, TATA, I also Faced
- E-Mail Answers
Answer Posted / peter abubakari
bills payable is an obligation of a firm/organization to
make good at a later date.i.e amount owing by an
organization to outsiders which should be settled in a
future date.
bills receivable is an amount due to an organization owing
by outsiders which should be made good in a future date.
| Is This Answer Correct ? | 49 Yes | 22 No |
Post New Answer View All Answers
What is Split And buy-back?
example of aptitude ns
what is mean by traditional accounting ?
Distinguish between sale and consignment
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
Expand---------MRDT
What three Specific Job Positions do you target from the Industry
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
What exactly is derivatives segment. can u explain futures and options with examples...
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
what is meant by virus
