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What is journal entry of outstanding income?

Outstanding income a/c CR to Customer a/c Dr


What is Outstanding expenses journal entry?

Debit outstanding expensesCredit expenses payable


Where is outstanding income in the financial accounting?

what is outstand income


Difference between accrued income and outstanding income?

Accrued Income is income that is earned by provided a service or the sale of a product but hasn't been received yet. Outstanding income is income that is yet to be earned.


What is journal entry of outstanding expenses paid?

[Debit] Outstanding expenses [Credit] Cash / bank


What is the Journal entry for outstanding rent paid?

outstanding rent


What is the journal entry for outstanding salaries?

outstanding salaries a/c....................dr to outstanding expenses


What is the Journal entry for outstanding rent?

debit rent expensecredit rent payable


What is journal entry of outstanding expenses?

Outstanding expenses are those which are yet to be paid in current financial year. Journal entry would be Expenses a/c dr to Outstanding expenses a/c Outstanding expenses should be crecdited because its a liability for the company.


What is journal entry of outstanding rent?

outstanding rent account dabit to Mr ashwin


What is the journal for deferred income?

There are two sides to the entry, upon cash receipt you debit cash, credit deferred income. To apply the deferred income, the entry is debit deferred income and credit revenue.


Journal entry for accrued income?

[Debit] Accrued income receivable [Credit] Accrued income