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What is the difference between bill of entry and bill of exchange?
Wiki User
∙ 9y ago
A bill of exchange is one person pays a certain amount for goods and services on a specific day. A bill of entry is the exact value of good that have been shipped out or come in.
Wiki User
∙ 9y ago
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Which types of bill of entry?
original, duplicate & exchange control copy
Need a sample of bill of exchange?
bill of exchange
What is the journal entry for bill received?
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
What is difference between bill receivable and bill payable?
bill receivable is what is owed to a company; bill payable is what is paid
What is the journal entry of electricity bill?
Debit electricity expensesCredit cash / bank
Difference between bill of exchange and promissory note?
difference between bill of exchange and promissory note?
What is the difference between bill of lading and bill of entry?
No difference
Which types of bill of entry?
original, duplicate & exchange control copy
What is the difference between Deferred Payment Credit and Acceptance Credit?
Acceptance credit is always available by the draft/bill of exchange, whereas a deferred payment cerdit may and may not be available by the draft/bill of exchange.
What is the difference between bill and invoice?
What is the difference between Invoice & Bill, in common terms. What is the difference between Invoice & Bill, in common terms.
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.
What is difference between bill and voucher?
what is different between bill and voucher
What does red ink entry mean?
it is a intrest which is calculated for the period starting from closing of accounting period to the date of maturity of the bill of exchange issued during accounting period. it is reversal entry
Difference Between Bills Of Exchange And A check?
The following are the main differences between a cheque and a bill of excyange.A cheque is always drawn on a banker, whereas a bill of exchange can be drawn on any person including a banker.A cheque is always payable on demand, whereas a bill of exchange is either payable on demand or after a fixed period.Payment of a cheque can be countermanded, whereas the payment of a bill of exchange cannot be counter mended.A cheque can be made payable to a bearer, but a bill of exchange can be made payable only to order.A cheque is a means of payment. But a bill of exchange is usually used for financing a trade.In a cheque, the drawer of the cheque is primarily responsible, but in a bill of exchange, the drawee or acceptor is primarily responsible for payment.When a cheque is dishonoured, noting and protesting is not necessary/required. But when a bill of exchange is dishonoured, noting and protesting is necessary.When a cheque is dishonoured, the holder of the cheque need not give notice of dishonour to the drawer to make him liable on the cheque. But on the other hand, when a bill of exchange is dishonoured, notice of dishonour is to be given to all parties, including the drawer to make them liable on the instrument.A cheque can be crossed, but a bill of exchange needs no crossing.M. J. SUBRAMANYAM, BANGALORE
What is the difference between a bill and a beak?
A bill is flat where as a beak is curved.
What is the difference between the lokpal bill and jan lokpal bill?
i dont the answer
What is the difference between a bill and a receipt?
a bill is what you owe and a receipt is what you gave.
