Answer / thejaswini

To pay of a short term debt to its creditors it is called accounts payable & Money owed by the customer (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used but not yet paid for is accounts receivables

Answer / sangram sahoo

Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.

which will be the assessement year for2010-11.

3 Answers  

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Period I :- Sales= Rs 15000. Profit= Rs 400. Period II :- Sales= Rs 19000. Profit= Rs 1150. Calculate : a) P/V ratio. b) Profit when sales are Rs 12000. Cc) Sales required to earn a profit of Rs 2000. d) Margin of safety in period II. e) variable cost in period I.

1 Answers  

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WHAT IS THE DIFFERENCE BETWEEEN CASH FLOW STATEMENT AND FUNDS FLOW STATEMENT

1 Answers  

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A computer purchased for the use of Branch & payment would be made by company. What would be the entry in the books of Branch ?

1 Answers  

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HOW WE TREAT WITH LAST YEAR PROVISION LIKE PROVISION FOR BED DEBTS AND DISCOUNT ON DEBTORS PLEASE MAKE A PROPER ENTRY.

1 Answers  

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what is sundry debtors and creditors?

3 Answers  

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What is mean by assets

2 Answers  

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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls

7 Answers  

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zerobase budgeting

4 Answers   Capital IQ,

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what is difference between company and firm

1 Answers  

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My company has just bought a car. The breakdown is as below: cost of the car = 50000 Interest = 15000 Registration fee = 500 Road tax (first year) = 1800 Please show me the correct entries in the books Thank you

6 Answers  

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how loan is different from debenture?

5 Answers   State Bank Of India SBI,

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