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 Receivables and Bills Payables?

Answer Posted / shanker

what is Bills Receivables and Bills Payables?

Ans:- Bills Receivables is a written promise document
received from the suppliar for selling goods. Its a assets
for the company and appears in the balance sheet under
Current assets.

Bills payable:- Bills payable is a written promise document
payable to the suppliar for buying goods. Its a liability
for the company and appears in the balance sheet under
Current liability.

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT

2022


Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

2095


How exchange rates are maintained in sap

2018


What is the Branch Accountant Responsbilities ?

3601


Expand---------MNOP

2036


Expand------------STRA

2114


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1875


why do you think you are sutable candidate for this post

2123


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

2078


What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

2272


Up to what time we can show TDS Receivables under Advance Income Tax A/c?

2067


what is the organisation chart for accounting and finance ?

2375


How to enter PO in SAP

1965


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1513


define fixed assets

1883