Answer Posted / kaleem
The actual question is Journal entry for Outstanding ??
and the Answer is
Expenses(Audit fee) A/c ----Dr.
To Outstanding expenses (Audit fee)A/c---Cr
and at the time of clearing Outstandings..
Outstanding expenses(Audit fee) A/c----Dr.
To Cash/Bank A/c----Cr
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What is the difference between the accrual accounting and cash accounting?
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
What is capital adequacy ratio? What is demat account?
What was the most difficult deal you had to close?
Account for letter of credit in the books?
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
what is t code of gr/ir report?
List out some of the examples for liability accounts?
Do you know compound journal entry?
What is a ledger?
Where do we create House banks and what is the process in sap fico
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
What is purchase returns accounting