Interested to Buy Any Domain ? << Click Here >> for more details...
what is bills receviables?
- 9 Answers
- 10610 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 |
What is accounting entity concept? why is it important in Accounting.
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
Define retail banking?
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
what is the difference between "reserve" and "fund"
how will decide that vender payment is ok without reco
1. ABC Pvt. Ltd acquired the right to publish a book entitled “Accountancy easy” From Writer at a royalty of Rs. 20 per copy of the book sold. The minimum rent was fixed at Rs. 30,000 per year. It was agreed, that the short workings of any year can be recouped with in 2 years immediately following the year in which short workings occurred. The no. of copies sold during the five years was as following: 1. 1st year -1000 2. 2nd year -1400 3. 3rd year -1800 4. 4th year -3000 5. 5th year -1200 Show royalties account in the books of the publisher.
What id The Differed Tax Liablity
what is surcharge on which purpose is used please explain
what is tds and how it is calculating
Companies formed by letters patent?
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
Audit 
