Answer Posted / m. suryanarayana reddy
Outstanding Expenses are expenses that unpaid at the end of the given period or specific period or Accounting period. For example Rent paid for last month or last year as well as salaries paid for last month or last year so they are come under nominal Account debit site why because all the expenses and losses shown on debit site it is RULE from accounting rules or AICPA.
| Is This Answer Correct ? | 23 Yes | 7 No |
Post New Answer View All Answers
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
how can make configration related with electronic bank statment and how can i upload bank statment to system
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
Difference between cash and merchantile system?
Short Answer on _____________Accident Insurance
All shot cut key use in the tally software & it's uses
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
Expand--------TAO
How goodwill is accounted for the first time in a company .
what is sevice tax? on what service tax is applicable. explain with examples?
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax