What is another name for outstanding expenses?
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Answered by
13
Ahoy dear user☺️
✴️A VERY PLEASANT EVENING✴️
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The other name for outstanding expenses is "accrued expenses".
Hope it helps you out✌️
✴️A VERY PLEASANT EVENING✴️
⏬⏬⏬
The other name for outstanding expenses is "accrued expenses".
Hope it helps you out✌️
Answered by
5
Outstanding expenses are those expenses which have been incurred during the current accounting period and are due to be paid, however, the payment is not made. Such an item is to be treated as a payable for the business.
The outstanding expense is a personal account
The outstanding expense is a personal account
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