Accountancy, asked by mohammedtahirnm786, 6 hours ago

How do you treat the Current year outstanding income?

Answers

Answered by n5505923

Answer:

The outstanding expense is a type of personal account, which carries a credit balance and thus this is treated as a liability for the business. The outstanding expense is represented on the liability side of the balance sheet of a business

Explanation:

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How do you treat the Current year outstanding income? ​

Answers

How do you treat the Current year outstanding income?