Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the nature of Outstanding Expenses?

Answer Posted / naziya

it is from trading account. that is which was lended or may
be standing out, which was not recovered or yet to collect
from out is called as outstanding expenses. some times by
improper accounting too this may cause . and this
outstanding will be add in the next assessment year when it
was recovered. if not yet received it should be deducted in
profit and loss account .

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the duties of sales tax department? Explain it

2186


what is duties and responsibilities for clark working in sbi

2218


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

2156


how will you create the posting periods 3 and 5 or 5and 7?

2071


what are the different causes for discrepencybetween the balance of cash book and pass book

1887


Expand-------URM

1934


what is organic profit? and how it is calculated?

2224


what are the models of valuation of the company

1948


OUR BOOKS & ITR MISMATCH FOR RS.15000/- ON ACCOUNTS OF TDS ON RECIEPTS FY-09-10 . KINDY GIVE CORRECTION ENTRY TO MATCH THE BOOKS WITHI ITR. DEVENDRASINGH086@GMAIL.COM

1939


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2413


What is outsider equity and time interest period ratio?

1897


how a fund flow statement benefit the individual, corporate?

2210


Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1890


Which entry we pass self entry like cash withdraw for ourself

1590


Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.

2010