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What do you mean by Accrued Expenses ?
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Answer / suresh lakra
Those expenses which is paid in advance but not utilise
during the accounting period is known as accued expenses.
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sir.i jitendra surati have a query.aboutloss settelment. i have loss of capital rs 26000/ and mr friend have loss of rs106000/- as capital. how to compensate the loss by sharing?how many i have to give to my friend ? (A)26000+106000=132000 and i have to give him 66000? or 40000 rs?
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