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What is the difference between bills payable and notes payable?
Bill or notes payable both are same things with different names and can be used interchangably to refer to one same thing.
Is the gas bill the same as the electric bill?
No, the gas bill and the electric bill are not the same. They are separate bills for different utilities.
How many 10 bills are the same as ten 1 bills?
Ten $1 bills are equivalent to one $10 bill. Therefore, the value of ten $1 bills is the same as one $10 bill. In terms of quantity, ten $1 bills equal one $10 bill in value.
What is the same as 72 quarters in dollar bills?
a ten dollar bill, a five dollar bill, and three one dollar bills. That's $18 total
Is bills payables a real account?
No, bills payables is not a real account but it is a personal account .My answer:Bills receivable is a real account. Bills receivable for one person is bills payble for another person. The same instrument cannot be Real for one person and personal for another. Hence, in my opinion Bills payable is also a real account.
What is the difference between shipping bill and bill of lading?
Bill of Lading Issued by carrier. Showing Consignee, Exporter, quantity of goods, Type of godds, etc. Bill of exchange Issued by exporter/shipper. Showing amount of goods. This used to exchange the shipping documents within shipper and buyer through bank.
Do all U.S bills weigh the same?
No, U.S. bills have different weights based on their denomination. The weight varies from 1 gram for a $1 bill to 1 gram for a $100 bill.
What is the definition of exchange?
The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain., The act of substituting one thing in the place of another; as, an exchange of grief for joy, or of a scepter for a sword, and the like; also, the act of giving and receiving reciprocally; as, an exchange of civilities or views., The thing given or received in return; esp., a publication exchanged for another., The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange., A mutual grant of equal interests, the one in consideration of the other. Estates exchanged must be equal in quantity, as fee simple for fee simple., The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business. In this sense often contracted to 'Change., To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received., To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, to exchange a palace for cell., To give and receive reciprocally, as things of the same kind; to barter; to swap; as, to exchange horses with a neighbor; to exchange houses or hats., To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
What is the meaning of exchange?
The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain., The act of substituting one thing in the place of another; as, an exchange of grief for joy, or of a scepter for a sword, and the like; also, the act of giving and receiving reciprocally; as, an exchange of civilities or views., The thing given or received in return; esp., a publication exchanged for another., The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange., A mutual grant of equal interests, the one in consideration of the other. Estates exchanged must be equal in quantity, as fee simple for fee simple., The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business. In this sense often contracted to 'Change., To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received., To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, to exchange a palace for cell., To give and receive reciprocally, as things of the same kind; to barter; to swap; as, to exchange horses with a neighbor; to exchange houses or hats., To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.
What is the difference between bill and debt?
Bills are of two types : Bills receivable and Bills payble.....Bill payable is a liability...A bill is drawn by the drawer and the person who has to borne the liability is called the payee or drawee.....Bill can be termly...for e.g. The drawer draws a bill upon the drawee for 3 months..or T months etc.. Now debts arise when a person is obliged to someone...Mostly debt arises in trading transactions...e.g. A trader purchases goods from a seller and promises him to pay certain amount after some time...Thus it is a credit purchase ...here the trader is in a position of debt...... Now considering the same position the seller will draw a BILL upon the TRADER who is in DEBT or indebted.
Is a one dollar bill and one hundred dollar bill made of the same material?
No, a one dollar bill and a one hundred dollar bill are not made of the same material. One dollar bills are made of a combination of cotton and linen fibers, while one hundred dollar bills are printed on a special type of paper that includes a blend of cotton and linen with added security features.
What is the 12 on the dollar bill doing there?
It's a plate marker indicating where the particular bill was located in the large sheet of bills that are printed all at the same time. It doesn't affect the bill's value in any way. Other bills will have different numbers.
