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 outstanding expenses

Answer Posted / m. suryanarayana reddy

Outstanding Expenses are expenses that unpaid at the end of the given period or specific period or Accounting period. For example Rent paid for last month or last year as well as salaries paid for last month or last year so they are come under nominal Account debit site why because all the expenses and losses shown on debit site it is RULE from accounting rules or AICPA.

Is This Answer Correct ?    23 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?

1908


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

2321


PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

2217


please provide wct retun guide line how can prepaire that

2430


what is leverage n detail and tpoes of leverage with iagram?

2159


Transfer nett profit of Rs 325000/- to Reserves and Surplus

2439


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

2220


Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

2083


Why do you want to work for us?

1921


Is depreciation a expense or income?

1700


Expand----------CMST

2198


Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1943


where does the closing stock appears in the trial balance?

1978


What is mean by Reserve on Consolidation?

28173


how Mis reports are used?n why it is used ? explain

2026