entry for outstanding expenses
Answer Posted / sunder saini
expenses a/c dr.
to outstanding Exp. ..............last year
outstanding exp. a/c dr.
to expenses
expenses a/c dr.
to cash
outstanding expenses are treated as p & L account because
outstanding exp. is look at liabilit side
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
Please provide me the entire format of P.F. & ESI
what is "goodwill" reserve and surplus and reserve with example
in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.
WHAT IS OPERATING CYCLE?
Can you name any other accounting application?
were you happy with the grades you achieved at a-level?
How to make deductions of the employees from salary against the loan in AP module oracle R12
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
How can I put Bank Guarantee Receipt entry in Tally ERP9?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
what is profit maximisation
calculations of pf
Explain me your current/former role, your responsibilities, and how success is/was measured?
Is push down accounting accepted under generally accepted accounting standards?