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Accrued expenses are incurred but not yet paid or recorded. It should have been included in the liabilities side of the balance sheet in the accrued month. Also, as outstanding expenses in profit and loss statement. Without this entry, net income and owners’ equity are overstated, while liabilities are understated.
In January 2023, Union Minister of Education and Skill Development and Entrepreneurship Dharmendra Pradhan along with Minister for Railways, Communica...
Taxila was the capital of which Mahajanapada?
The Government of India celebrates ________ every year as Civil Services Day' for the civil servants to rededicate themselves to the cause of citizens a...
With which country India has recently signed a Project Agreement (PA) for Air-Launched Unmanned Aerial Vehicle?
Novak Djokovic matches which player record with 6th ATP Finals title?
In angiosperm, the incidence of more than one fetus in its seed is called _____________.
Where is Red Lake found?
In September 2021,the Pension Fund Regulatory and Development Authority (PFRDA) increased the entry age for the National Pension System (NPS) from______...
Bharat Muni, in his Natya Shastra, categorises musical instruments into four different parts. What is the categorisation of musical instruments by Bhara...
The study of sound & sound waves-