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What is the diff between Bills Payable & Post Dated Cheques? How do you pass Journal Entry? Where it is reflected in Financial Statements?

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Question ajoutée par Mohammed Wajid Ali Shaikh , Manager Finance & Procurement , Qotoof Contracting
Date de publication: 2014/04/01
Mohammed Noor Panwale
par Mohammed Noor Panwale , Payroll & Cashier , Al Suroor United Group

BILLS PAYABLE ARE THOSE BILLS WHICH HAVE TO BE PAID EG.,DEBTORS

POST DATED CHEQUES ARE THOSE CHEQUES WRITTEN ON FUTURE DATES

 

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