C, o, u, e
C, o, u, e
Disbursement relates to money paid out for goods or services.
accrued expenditures unpaid "U"
accrued expenditures unpaid "U"
Accounts receivable has a debt balance as normal accounting balance because it is an asset of company.
C, o, u, e
O
O
Disbursement relates to money paid out for goods or services.
Undelivered Orders Outstanding (UOO)
Ending balance = opening balance + deposit - disbursement Ending balance = 12000 + 3000 - 16000 Ending balance = -1000
accrued expenditures unpaid "U"
accrued expenditures unpaid "U"
accrued expenditures unpaid "U"
accrued expenditures unpaid "U"
accrued expenditures unpaid "U"
accrued expenditures unpaid "U"