_______ is the expense which is unpaid at the end of the accounting period
A. Outstanding expenses
B. Prepaid expenses
C. Proposed expenses
D. Working capital
Answer: Option A
Solution(By Examveda Team)
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.Related Questions on Tally
A. Peutronics
B. Tally Solutions
C. Coral Softwares
D. Vedika Softwares
in general the financial year from shall be from
A. 1st April of any year
B. 31st March of any year
C. All of them are true
D. None of these
Which menu appears after starting Tally for the first time
A. Gateway of Tally
B. Company Info
C. Display
D. None of these
Which option is used in Tally to make changes in created company
A. Select Company
B. Shut Company
C. Alter
D. None of these
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