Question

outstanding expenses are shown on the _________side of balance sheet ​

Answer 1

Answer:

Your Answer is here:-

Explanation:

Outstanding Expenses Meaning

The outstanding expense is a personal account with a credit balance and is treated as a liability for the business. It is recorded on the liability side of the balance sheet of a business.

Answer 2

Outstanding Expenses Meaning

The outstanding expense is a personal account with a credit balance and is treated as a liability for the business. It is recorded on the liability side of the balance sheet of a business.