Final Assessment

Sub:- Accounts Payable and Receivable Time: 2 Hours

Q1. What are the accounts receivable process??

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Q2. what is bills payable and bills receivable ?

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Q3. Why do you maintain bill book separately ? state the transaction recorded in bill
receivable and bills payable journals.
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Q4. List down the 7 C’s of Communication?

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Q5. What type of account is bills receivable?

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Q6. How to Define Inter Company Transaction in Account Receivable?

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Q7. Write down golden rules of accounting .

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Q8. What is deprecation?

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Q9. Difference between cash book and bank book

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Q10. What is ledger ?

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Thank you