Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

entry for outstanding expenses

Answer Posted / hemant dubey

expense a/c dr.
To O.S. expense a/c cr
Expense will reflect to P&L account and while O.S. Expense
will show in Liablites (Balance Sheet )

Is This Answer Correct ?    46 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If a transaction was missed completly how do you find it?

2089


purchase plant and machinery

1556


What steps would you take before approving an invoice for payment?

1050


How many invoices on average do you handle on a weekly/monthly basis?

1257


What is the double entry system explain its rules with examples?

1112


Define offset accounting?

1064


What is bad debt expense?

1089


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2862


what is the due date of 28th feb

2457


In South Africa, the value added tax is administered by?

1667


How to pass workscontract sale invoice which includes WCT & VAT.

2228


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2082


Explain have you ever heard about tds, what it is?

1140


Unrealised profit will be debited to ?

1919


what is a difference between public and private accounting?

1145