Answer Detail: RE: Accounts Payable

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Question: Accounts Payable

Answer: What is the difference between (1) accounts payable and bills payable and (2) accounts receivable and bills receivable

May 05, 2009 13:58:28	#1
kashiffakih	Member Since: May 2009 Total Comments: 1
RE: Accounts Payable
Accouts payable is your liability its shown liability side in the balance sheet and party ac will be credited Purchsed A/c To Party A/c

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