What is Outstanding expenses?
Submitted by: AdministratorOutstanding expenses are the expenses that are unpaid at the end of the accounting period, which means they are payable but not yet paid. This may apply to salaries, wages, telephone expenses, electricity expenses, water charges etc. All the outstanding expenses come under nominal accounts and must be credited.
Submitted by: Administrator
Submitted by: Administrator
Read Online Working Capital Management Job Interview Questions And Answers
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