The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Other Taxes

Meaning of bills payable?



Meaning of bills payable?

You have received a bill from someone, acknowledged that it is payable by you, recorded it in your accounting system but have not paid it yet. Bills payable is a liability in your accounting system.
bills that you have pay i think. sorry....that's all i can think of!
Is this to do with your gas or electricity? Yes it most certainly means you need to pay.
Bills payable (pl.), the outstanding unpaid notes or acceptances made and issued by an individual or firm.
Tags
  Boston   Austin   Atlanta   Other - Business & Finance   Other Taxes   United States Taxes   United Kingdom Taxes   Spain Taxes   Singapore Taxes   Mexico Taxes   Ireland Taxes
Related information
  • Help with tax for my first job?
    The Irish Reveue Office has an excellent site at ...
  • Which state has the lowest sales tax?
    Don't know which state you live in, but Delaware has NO sales tax. We live in Pennsylvania and people flock there all the time for good deals on stuff like that. Hope that helps and goo...
  • Which city or country has the highest sales tax?
    The state of Tennessee has the highest possible sales tax rate at a combined state and county rate of up to 9.75%....
  • What the the Gatt rate be beginning Sept. 1, 2007?
    Latest Gatt rate I see is July 2007 which is 5.11 Source(s): ...
  • I was thinking of cleaning some houses for extra money, but how much can I make before having to file it?
    $400 net profit or more as it is self-employment and subject to Social Security Tax....
  • VAT for imported Laptop from USA?
    hi there, If you were to travel to the States and buy the laptop there and bring it home with you, you would not have to pay a thing, since you could argue that you already had it before ...
  • Where can i get THC rates?
    What is this "THC" that you are referring to?...
  • I am under sales & Use tax audit. If I am found to wrongly reporting my sales tax, what sentence do I get?
    None, you will just have to pay whatever additional sales/use tax that the state will charge you with, and in addition you will have to pay penalties and interest....
  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster