1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

what is the treatement of outstanding expenses in Tally
accounting package? where it shown and what is its account
type?

Question Posted / s.wasimz

Answers were Sorted based on User's Feedback



what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / a.madhu sudhan rao

Just u create Outstanding expenses ledger under current
liabilities.


This outstanding expenses will show on current liabillities
in Balance Sheet

Is This Answer Correct ?    33 Yes 8 No

what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / preeti

yes

Is This Answer Correct ?    9 Yes 4 No

what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / shivarama raju

Madhu Susha post correct answer.

You Should Create Outstanding Expenses under Current
Liabilities.
It could shown in Current liabilities.

All Other ccounts Outstanding Amounts which relate to
payments shoulb be transferred to outstanding Expenses at
the end of year / end of report

Is This Answer Correct ?    4 Yes 3 No

what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / ayesha

You should create a Respective outstanding expenses ledger under the head current liability and it will display in balance sheet

Is This Answer Correct ?    2 Yes 2 No

Post New Answer

More Accounting AllOther Interview Questions

what is CCA is a part of salary?

2 Answers   HCL,

what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?

0 Answers   UBS,

Please send the all account interview question to me

1 Answers   State Bank Of India SBI,

what is capital market, stock market and share market?

2 Answers   Mellon,

What's Authorized share capital?

3 Answers   HP,




What is revenue for Insurance Company?

2 Answers  

A firms average total cost is Rs.300 at 5 units of output and Rs.320 at 6 units of output the marginal cost of producing the 6th unit is................

3 Answers  

In tally drawing accounts come under which account

22 Answers   ABC,

EXPAND___________NTF

1 Answers  

what is portfolio management?

1 Answers   Capital IQ,

WHAT IS Amortisation??

11 Answers   Capital IQ, FactSet Systems,

wht is bills receivable and bills payable

2 Answers  

For more Accounting AllOther Interview Questions Click Here
Categories