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