difference between outstanding and accrued exp.?
Answers were Sorted based on User's Feedback
Accrued interest is the amount of interest that is incurred, but not yet paid
accrued expense, or accrued liability, is an accounting expense that has occurred but is not yet paid
Is This Answer Correct ? | 2 Yes | 0 No |
Explain me what is general ledger account?
what is subscription order
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
What is definition of a cash float in accounting?
Ledger
how to prepare trial balance?
Mention the types of ledgers?
If a transaction was missed completly how do you find it?
Tell me what do we mean by purchase return in accounting?
ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.
what do you understand by BRS? why is the reconciliation done?
what is the difference between "reserve" and "fund"