what is the meaning of bills payable and bills receivables?
- 23 Answers
- 187053 Views
- Genpact, Mona Lisa, PP, Scope International, TATA, I also Faced
- E-Mail Answers
Answer Posted / amit laddha
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 ? | 42 Yes | 16 No |
Post New Answer View All Answers
why should the company give first perference to the perference shareholders?
what are the rules and regulations of junior accountant
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
difference between contra entry and double entry?
what is budgetory control and what are the types
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
What are the Types of invoices batching? & what is 3 way batch?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
what do you meant auction? what is F & o segment?
Entrance Exam question & Answer required
what are your plans after completing your MBA (or) studies ?
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
