What is the nature of Outstanding Expenses?
Answer Posted / a . kalyan
The expenses which have been incurred but not yet paid in
current year . but it paid in next year is called
outstanding expenses.
For example: The salaries not paid to employes for current
month that salaries paid in next month is called
outstanding expenses.
| Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
Debit Note & Credit Note?
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
Short Answer on _________________City Compensatory allowance
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
let me know the difference between net cash flow and income
Expand-------ATBN
What is Goods Lost by Fire/Accident/Theft ?
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
what is the cost and financial accounting? what is double entry system ?
what you mean by cross dunning
DESCIBE EXPORT PROCEDURE