Interested to Buy Any Domain ? << Click Here >> for more details...
what is meant by bills payable?
- 4 Answers
- 9364 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / narasimha rao
BILLS PAYBLE IS THE FORMER DOCMENTS OR PROMISE MADE BY
THE TRADER PAY THE CERTAIN AMOUNT OF MONEY AT SPECIED
PERIOD OF TIME WHEN MADE THE CREDIT PURCHASE.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / rajesh nalla
It means purchase made from the supplier on credit
basis.supplier draws a bill that is called bills payable.
three steps to genarate a bill
1.Taking purchase order
2.Deliavring goods (or) services
3.Genarating invoice
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / shalini
Trade obligations of a firm, such as a trade acceptance or
Banker's Acceptance payable at maturity.
| Is This Answer Correct ? | 2 Yes | 2 No |
EXPAND___________ITAT
what is the differences and similarities of cash inflow , revenue & gain
how many type of assets
what is mba tell me the more benefits in mba
emplementation of accounting standerds in Bangladesh, developing or copieng?
What is the correct entry for Telephone bill expense?
Feature of Master letter of credit of Garments manufacturing company?
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
What is Operating cost? Please explain by an example?
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
what is indirect tax?
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Audit 
