_______ is the expense which is unpaid at the end of the accounting period?

Question

_______ is the expense which is unpaid at the end of the accounting period?

Outstanding expenses
Prepaid expenses
Proposed expenses
Working capital

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 1

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.

4 views Answered 2022-09-01 13:21