Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is bills payable and bills receivable?

Answer Posted / guest

bills payable is our liability and bills receivables are
our assets. like sundry creditors or debtors.

Is This Answer Correct ?    12 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell us do you possess any knowledge about accounting standards?

1320


Tell me how much statistics knowledge is necessary or required in accounting?

4026


we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?

2097


What is the basic accounting equation?

1100


if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me

1871


In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

1938


What is the meaning of scrap value in accounting?

1166


Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax

2861


what is the entry for toll gate fee

8123


how much cash transaction to single transport company per day and also per year

1626


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

35267


Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?

1171


can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

1929


what is t code of journal voucher report with amount?

2277


all GL Related Interview questions with answear

2868