what is the difference between outstanding & accrued?
Answer Posted / naveen dutt sharma
Outstanding:- An income Or Expenses Which Have Not been paid/received in the current Year.
Accrude:- An income or Expenses Which is related with the next year or further more but yet not been paid or received in current year.
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
what are the accounting ratios
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
What Kind Of Requirements for Vat Refund And Assessment Cases
WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY
What type of questions in accouting point of respect they ask genrally plz help me find out this.
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
where is suspense entry is entered in tally erp9
Expand---------EDP
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
Define Salry for the following purpose 1.To calculate HRA
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
What is Goods Lost by Fire/Accident/Theft ?
EXPAND______________IARCS