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Answer / ganga prasad
outstanding expences means in past year or month we did not
pay. we have to pay in future this are called out standing
ex,, salaries, wages, rent, other expences
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Answer / madhu naidu
The expenses which have been incurred during a particular
trading period, But might not have been paid during that
period is called outstanding expenses or expenses incurred
but not paid.
Salaries, Rent, wages etc.
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