What Does "Bill Payable" Mean?

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Anonymous answered
When we sell our products on credit base.. It is liability for the company to pay on an agreed time
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Anonymous answered
Bills payable  means payable against the purchase  of goods/service recieved from the  party,,,...so called sundry creditors.
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Anonymous answered
It is the transaction between the debtor and creditor, it is payable by the creditors to the debtors .and it is a liability of the company.
Anonymous Profile
Anonymous answered
Bills payable  means payable against the purchase  of goods/service recieved from the  party,,,...so called sundry creditors.
Anonymous Profile
Anonymous answered
This means you must pay your bill.. p.s. I hope you're not English?!
thanked the writer.
Anonymous
Anonymous commented
Whengoodsaresoldvon creditbasis theseller of the goods may ask thepurchaser to accept abill that contains thedate of payment of money for thegoodsprovided

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