is outstanding items (either expences or incomes) comes in
trial balance? if so how to treat them in financial
statements
Answer Posted / swami madhvendra awasthee
in this case in financial statements outstanding items is
shown only in liability side of balance sheet not in trading
or profit and loss account.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Short Answer on ______Transaction
what is non stock?
what is internal audit
What are the Types of invoices batching? & what is 3 way batch?
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
What is the Assets & Liabilities?
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
What is the difference between income statement & Profit&loss A/c?
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
EXPAND_________SCM
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
please send me last 3 years question & solution
i want know how to calculate it in payroll please mail me the percentages using there ?
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
All Accounting Question Related Send Me ..