DOES WORD "RECIEVABLES" INCLUDE DEBTORS..?
DOES WORD "RECIEVABLES" INCLUDE DEBTORS..?
Yes Dear......
Yest it includes
Thats right
Dear Richa when We talk about receivables then it means both debtors and Bills receivables.
but when u have to mention either of the above two then u are required to make it specific i.e debtors or bill receivables.
ya it does.
yeh... i agree with lokesh
| Originally posted by :Lokesh | ||
| " | Dear Richa when We talk about receivables then it means both debtors and Bills receivables. but when u have to mention either of the above two then u are required to make it specific i.e debtors or bill receivables. |
" |
Definetly it includes......!!!
yes definitely it includes Debtors........
| Originally posted by :varun sharma | ||
| " | yes definitely it includes Debtors........ | " |
ofcourse it does
| Originally posted by :Lokesh | ||
| " | Dear Richa when We talk about receivables then it means both debtors and Bills receivables. but when u have to mention either of the above two then u are required to make it specific i.e debtors or bill receivables. |
" |
i agree with lokesh
yes receivables include debtors
Dear,
Please note that Receivables i.e. A/c Receivables and Debtors are similar and there is no differentiations in between the two.
The only difference is that, term "Receivable" is used by Americans on the other hand "Debtor" is used by british.
Regards,
Desperado
R P S K & Associates
Nashik
CA Inter
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