Outstanding expenses and Provision for any expense will
come under liability side...?
Though it is basic question, it is to ensure the answer.
- 2 Answers
- 31488 Views
- I also Faced
- E-Mail Answers
Answer Posted / anjan kumar
Both outstanding expenses and provision for any expense
will be treated as liability for the future period, hence
it will be treated as liability and shown in the liability
side under the heading current liabilities and provisions
of the balance sheet of the company.
| Is This Answer Correct ? | 20 Yes | 4 No |
Post New Answer View All Answers
What is the purpose of financial statements?
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
what is difference between budgeting and Forecasting
What is account in accounting?
hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
Tell me in balance sheet, where do you show tds?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN
Do you know marginal cost?
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
Mention what are things will not be included in a bank reconciliation statement?
What is difference vat
in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
