Answer / suresh

Expenses a/c dr
to o.e a/c

Answer / cma vikram

O/s exp. a/c.....Dr
To Current Liabilities a/c

Effect 1 - add in P/L A/C Dr. side
eg. Exp.
add o/s exp.

Effect 2 - show in liability side of Balance Sheet

Answer / p.venkat rao

1.in last financial year

expenses a\c dr

TO outstanding exp a\c

2. current financial year

outstanding exp a\c dr
TO cash\ bank

Answer / mohsin khan

salary a/c..............dr
TO outstanding salary a/c

Answer / saroj mishra

entry for outstanding exp.

1.Expenses a/c Dr.
to Outstanding expenses a/c
at time of payment entry will be as follow.
2. outstanding expenses Dr.
to Bank/cash

Answer / sudheer

profit and loss a/c ...dr
To o/s exp a/c

Answer / raghunadh

add to the expences a/c in profit&loss a/c and shows in
liability side in balance sheet.

Answer / 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

Answer / ysr

P&L A/C dr
TO O.S EXP

Answer / nagendra prathap

outstanding expenes dr
to expenes A/c

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