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What is Account receivable & Account payable ?
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Answer Posted / jg
a/c receivable is the receipt of goods & services and a/c payable is the payment to be paid on goods and services.
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iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
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