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 the nature of Bills Receivable account, I mean is
it a real account or personal a/c?

Answer Posted / anas

I think bills receivables are real account. As biils are negotiable instruments and treated as current asset bothe bills receivables and payables are real accounts. But if it is accounts recevables or payables it can be representative personal accounts. 

Is This Answer Correct ?    20 Yes 15 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

2979


Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

2099


what is the subprime?explain it.

2307


Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?

2193


what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?

2184


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3544


Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

1947


What problems might be encountered if there were no accounting standards?

3077


Expand---------PDCB

2077


how to entery pass in tally when items damage(items insured)and claim to insurance co.

2614


When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm

2207


Short Answer on __________Accrued interest

1894


what are the type of cash flows?

2782


Weather Entry tax on consumable goods purchased against CST

2183


What part can management policy play in the analysis of cost behaviour?

2119