answersLogoWhite

0


Best Answer

The outstanding liabilities are which are not paid yet. These outstanding liabilities are due on company's balance sheet and we have to pay them.

Muhammad Asif

MBA (Finance)

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is outstanding liabilities?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is outstanding Liabilities can debit balance?

Outstanding liabilities has credit balance as normal balance but it can also be debit balance in case outstanding liabilities has paid more than actual amount of liabilities.


What is the difference between outstanding assets and outstanding liabilities?

Outstanding assets are assets that are owed to an individual or business. Outstanding liabilities are debts that ill be incurred in the future.


Formula to calculate NAV?

(securities - liabilities)/(# of outstanding shares)


What is current laibilities?

The outstanding financial commitments a company has at the time of enquiring what these liabilities are


A mutual fund has total assets of 57000000 and liabilities of 8550000 If 15960000 shares are outstanding what is the net asset value of the fund?

Net Asset Value or NAV = current market value of fund's investments - current liabilities / number of shares outstanding


What is secret reserve list out four methods of creation?

1. Outstanding liabilities 2. By undervaluing current assets


What is the difference between current liability and total liability?

Current Liability: Current liability is a specific liability and it is short term and mostly it is paid within the year. Total Liability: Total liability is the sum of all liabilities like current liabilities, outstanding liabilities etc.


Formula of net worth per share?

Net Worth Per Share= (Total Assets-Total Liabilities)/No of Shares Outstanding


What is warranty accrual?

A warranty accrual is a metric for accruing liabilities that are associated with outstanding warranties. When a company underwrites a warranty they need an accounting of the time spent.


Is common shares considered as a current liability?

Outstanding stock is an "owner's equity" account. It's on the same side of the accounting equation as liabilities, but it is not a liability.


What would be the effect of outstanding expense on accounting equation?

As we know, in accounting and book-keeping, expenses are debited in order to cause a decrease in the owner's (or stockholders') equity. So in this case, we record outstanding expense as: ASSETS = LIABILITES + CAPITAL Nil = +(outst. expense) - (outstanding expense) Outstanding Expenses are added to Liabilities because it is business' CURRENT LIABILITY and deducted from CAPITAL because it causes a decrease in owner's equity. NOTE: At the time of payment we deduct it from Liabilities as well as from Cash ( or in JOURNAL ENTRY: we debit Outstanding Expense and credit Cash) ASSETS = LIABILITES + CAPITAL -outst. exp. = -outst. exp. + Nil


How do you calculate Book value per share?

Look in the Company's Balance Sheet. Total Assets -Total Liabilities ______________________ = Book Value per share Outstanding Shares