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Q: What do you mean by outstanding rent?
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What is the Journal entry for outstanding rent paid?

outstanding rent


What is journal entry of outstanding rent?

outstanding rent account dabit to Mr ashwin


What is the Journal entry for outstanding rent?

debit rent expensecredit rent payable


Is rent expense a liability?

rent is an expense while outstanding rent is a liability


What does egregous mean?

outstanding, usually in the sense of outstanding mistake or outstanding lie


What is the difference between out standing expense and prepaid expenses?

Outstanding Expenses are expenses which are due at a specific point of time for example if the actual date to pay the rent is 1st july and we don't pay the rent till august end, then it is called the outstanding Expenses (outstanding rent) prepaid Expenses are expenses which are paid in advance for example if we paid the premium of Insurance in advance i.e before due date, then it calls the prepaid expenses.


Where put entry outstanding expenses in profit and loss account?

Outstanding expenses are put on the credit side in a loss and profit account. Outstanding expenses refer toÊthe amounts of money that are due for things like rent that are not yet paid.


What does outstanding discovery mean?

outstanding is like amazing or brilliant, and a discovery is a finding.


What does 'das ist ausgezeichnet' mean in English?

Translated from the German, it means "that is outstanding".


What does outstanding player mean?

an outstanding player is someone who is very good and stands out from everyone else.


What does outstanding transaction mean?

save your ass


What does an o mean on grade report?

Outstanding!