Question

define outstanding expense ??????​

Answer 1

Outstanding Expenses

=> Outstanding expenses are those expenses which are left to be paid expense.

=> Its a liability to person who is bound to pay.

=> For example, if Rs 1000 wages are outstanding, then this means that labour worth Rs 1,000 has been used but has not been paid for till the end of the year.

#Har Har Mahadev

Answer 2

ʜᴏʟᴀ..!!

✌ʟᴀᴅᴀᴋᴜ ᴠɪᴍᴀɴ✌

ᴏᴜᴛsᴛᴀɴᴅɪɴɢ ᴇxᴘᴇɴsᴇs ᴀʀᴇ ᴛʜᴏsᴇ ᴇxᴘᴇɴsᴇs ᴡʜɪᴄʜ ʜᴀᴠᴇ ʙᴇᴇɴ ɪɴᴄᴜʀʀᴇᴅ ᴅᴜʀɪɴɢ ᴛʜᴇ ᴄᴜʀʀᴇɴᴛ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴘᴇʀɪᴏᴅ ᴀɴᴅ ᴀʀᴇ ᴅᴜᴇ ᴛᴏ ʙᴇ ᴘᴀɪᴅ, ʜᴏᴡᴇᴠᴇʀ, ᴛʜᴇ ᴘᴀʏᴍᴇɴᴛ ɪs ɴᴏᴛ ᴍᴀᴅᴇ. sᴜᴄʜ ᴀɴ ɪᴛᴇᴍ ɪs ᴛᴏ ʙᴇ ᴛʀᴇᴀᴛᴇᴅ ᴀs ᴀ ᴘᴀʏᴀʙʟᴇ ғᴏʀ ᴛʜᴇ ʙᴜsɪɴᴇss.

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