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What is outstanding expense?

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What is outstanding expense?
  • 4 answers

Ashtrix Official 5 years, 8 months ago

Expense which we have to pay but we haven't oaid yet. It is liability

Jatin Chhabra 5 years, 8 months ago

Those expenses which are due but not paid....

Shashi Ramachandran 5 years, 8 months ago

Expwnses which are due this year but we're not paid. This is an example of personal account . It is a liability for the firm. As per accrual basis of accountancy it is to. Be added to paid expenses for calculating profit or loss of this year

Sanskriti Pundir 5 years, 8 months ago

Due but not paied
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