Answer / meenakshi

Bills receivable is also called B/R.When we purchase
material etc from a party the a bill is created by the party
(called vendor) which is called bills receivable for the
vendor and bills payable for us.

Answer / buddhpal

Bills is also payable and receivable. because bills when
we purchase any thing, and receive also when we sell some
goos to other party. so both are right.

vat paid on purchase is it comes on direct expenses or indirect expenses

3 Answers  

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In tally, i want indirect expenses to be an outstanding expense for me in such a way that if i include it in the sales voucher, it should not add to the price of the product but rather only indirect expenses should be credited. How is it possible?

5 Answers  

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Tell us depreciation and its types?

0 Answers  

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Types of errors in account

0 Answers   Genpact,

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Journal entry of outstanding wages is Wages a/c dr TO O/s wages a/c In the Above journal entry why outstanding wages has to be credited ? and o/s wages comes under which account, and why (Personal, Real, Nominal)

7 Answers   Capital IQ,

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Explain the role of working capital in capital budgeting?

1 Answers   Capital IQ,

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Z=52,act=48 then bat will be equal to

1 Answers   State Bank Of India SBI,

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how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..

0 Answers  

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What are the different accounting entries generated in PP cycle.

4 Answers   Pharma, TCS,

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What is Sweep Account?

2 Answers   D&B,

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how to value stock?

1 Answers  

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Balance Sheet comes under which account? a)personal a/c, b) real a/c, c) nominal a/c

4 Answers  

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