Accountancy, asked by snehallucky93, 7 months ago

bills payable is written in ---- schedule number as per banking company account

Answers

Answered by Anonymous
2

Answer:

In the context of personal finance and small business accounting, bills payable are liabilities such as utility bills. They are recorded as accounts payable and listed as current liabilities on a balance sheet.

Answered by Anonymous
0

It is written in Schedule V.

  • The term refers to banks borrowing money from other banks on a short-term basis.
  • As per the banking firm account, invoices payable are stated in Schedule number five.
  • Bills Payable record generally has an acknowledged balance all things considered to be paid on development and goes about as responsibility for the business
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