what is the bills payble and bills receivable
- 2 Answers
- 5265 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / azhar
BILLS PAYABLE IS THE BILLS WHICH HAS TO PAID OR DUE. BILLS
RECEVABLE IS THE BILLS TO BE RECEVABLE
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / anubha garg
A written evidence of debt that is payable to the holder; a
promissory note or an acceptance (a bill of exchange that
has been accepted) is in the hands of a person to whom it
is payable a bill receivable. A bill receivable that is
included under the head commercial paper is a promissory
note that has been received for goods sold and that has in
order to effect its discount (sale) been indorsed by the
party who received it.
| Is This Answer Correct ? | 3 Yes | 0 No |
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
how many type of assets
The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created
EXPAND_________VHF
WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE?
Can any body answer me what is the logic of writing A/c's payee over the corner of the cheque?
give journal entry for salary paid in company point of view?
12 Answers Gourav Trading, HP,
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
How is NAV calculated?
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?
What is Merchandising Accounting process
Audit 
