Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between debtors & bills recievable?
- 2 Answers
- 5578 Views
- I also Faced
- E-Mail Answers
Answer Posted / sneha
Debtors is a person to whom we have given money like we
might have sold the goods to customers on credit basis.
Biils receivable is nothing but it is the money which we
need to receive against the Bills of exchange.B/E isthe
agreement B/w the buyer &the seller if the seller has sold
the goods on credit If the seller is in need of money he
may go to the banker &present the bill which is signed by
the buyer for payment The bank won't pay the full amount it
will pay the amount lessthan the actual amount remaining
amount will be treated as service charge. here 3days grace
period will be given if the bill matures on the due date.
| Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
How you can adjust entries into account?
What is the purpose of financial statements?
Which accounting applications are your familiar with?
If closing stock is given in adjustments, how we show in tally 9.0 ?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
What is the difference between perpetual and periodic inventory systems?
Tell us what is a cpa?
Tell me what are the three factors that can affect your cash flow and business profitability?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
Tell us depreciation and its types?
how to assign the cost center to GL Account in SAP (FICO)
