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Outstanding expenses are
Outstanding expense is shown under the ___________ head of balance sheet.
Ram paid rent of Rs.45,000 in the current year. The actual rent is Rs. 4,000 per month. What is the hidden amount indicated?
Entries made at the end of the accounting period to correct and update the record of business transactions are called:
Expenses against which goods or services have been received but payment has not been made are called:
Treatment of outstanding expenses in the profit and loss account is:
Outstanding expenses are a: