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What are bill receivable and bills …

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What are bill receivable and bills payable

    • Posted by Jatin Lalwani 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Prerna Dagur 6 years, 5 months ago

    Bills receivable are drawn when a vendor or seller makes any credit sale to the business. The amount mentioned in the bill is paid on the future date and such bill is called bills payable.

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