Question

different between accurued interest and outstanding expenses?

Answer 1

Hey sweet dear ☺️☺️(^_-)


Ur answer is here........


An accrued expense is a liability that represents an expense that has been recognized but not yet paid. ... An accrued expense is one which isincurred but not yet payble and not paid for yet and outstanding expense is payble but not paid.



.. Høpe ïts help uh (^_-)

Answer 2

accrued income is that income which is earned but not collection or those expenses are incurd but not paid is called outstanding expenses