What is the closing entry for outstanding amount?

Answer Posted / madhukarnaidu

Expenses A/c Dr.
to outstanding A/c

Is This Answer Correct ?    16 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is sales life cycle???

1522


Short Answer on -----Trade mark

1474


what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

1919


How can fictitious assets be measured or valued?

1600


what is the reason for balance sheet not getting tallyed

1724






i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1443


How good are you at Finance?

1657


npa is either person or account

1520


what is the difference between planned and non planned budgt

1557


EXPAND___________INMA

1537


what is book profit

1734


Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.

1861


How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer

1220


what is crisil?what is the advantage of crisil rating?

3223


please specify some books name in preparing a bank exam apttirutude questions

1559