Outstanding expenses 2,000 and outstanding income of 1,500 is to be recorded.
Answers
Answered by
1
Answer:
outstanding expenses is liability
outstanding income is asset
Explanation:
ExpensesA/cDr To outstandingexpensesA/c
outstanding incomeA/cDr To incomeA/c
Similar questions
Physics,
3 hours ago
Science,
3 hours ago
English,
5 hours ago
English,
5 hours ago
Social Sciences,
7 months ago
CBSE BOARD X,
7 months ago
Science,
7 months ago