Hello everyone please give me a all information about these???

What is the Difference Between (A/c Payable / Receivable ) AND ( Bills payable / Receivable )................?
Replies (1)
Account Payable represent your liablity like (Tds payable Salary payble ) and Account receivable represent you Assets like (Tds receivable)
Bill payable also represent is liablity like ( sundry creaditor) and Bill receivable is also represent like (sundry debtor)

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