outstanding rent is a
Vickypanjiyar:
.liability
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It is a liability of current period.
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outstanding rent is acutally expenses for that particular
financial year it effects net profit, but it was not paid
in the same year so it is showing as outstanding rent .
if helpful mark as brainliest
financial year it effects net profit, but it was not paid
in the same year so it is showing as outstanding rent .
if helpful mark as brainliest
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