what is the main difference between Outstanding & Accrued
Expenses?
Answer Posted / pravin kamble
There is no difference between outstanding & accrued
expenses, because when we say outstanding or accrued
expenses, that meanse the particluar even had happed, but
we have not made the payment for that even within that
particular period.
In both way this nothing but our unpaid expenses.
| Is This Answer Correct ? | 5 Yes | 27 No |
Post New Answer View All Answers
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
What is corporate assesses?
how to assign the cost center to GL Account in SAP (FICO)
If a prospective client kept presenting you with excuses not to buy, what would you do?
examole of cash to cash contra entry
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
salary payable deduct tds entry
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive
What are the objects of cost accountancy?
WHY U HAVE CHOOSE ICWA WHY NOT CA
what is the last date of deposit TDS on liability for the assessment year 2010-11