What is bills in accounts.
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Answer / inderjeet
there are two type of bills. Bills payable and bills
receivable,
Bills payable are liability, and bills receivable are
Assets.
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / satish kumar mohanty
Negosiable and Non negosiable Instrument is called bills
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / guest
all accounting bills works as a evidence of the business
transactions.
| Is This Answer Correct ? | 0 Yes | 2 No |
pl. tel me what is the entry for this transaction 1)i deposited rs.10,000 t/w. dealer ship deposit 2)the goodwill amount 1 lakh brought by raju was appoprtioned and paid to the existing parteners eswar,mahesh,ravi as per their sharing ratios 38% , 24%, 38%
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sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that
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