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Ap and bp

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(Querist)
14 July 2015 What is the difference between accounts payable and bills payable?
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CA. Sunil Gokhale

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CA. Sunil Gokhale (Expert)
15 July 2015 Bills payables is only the bills of exchange accepted & promissory notes given.
Accounts payable is total of creditors + bills payable.
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