Accounts Payable/Receivable.

[imdad1]

Good answer by CIAPk
i would like to add the following to the above
the opening payable/recievable can be traced from last year audited financials
and when u add/less purchases/sales(cogs)
u wil reach closing payable..
)
best of luck


<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by jeeshanali</i>
<br />I am currently doing a manual accouting and I am new to accouting profession...

My CA has requested some details from me.

1.List of your accounts receivables showing names,amount due.
2.List of your accounts Payable showing names and amount owing..

Can someone provide me step by step information exactly wht he required....

Thanks in advance

Jeeshan


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