Entry for outstanding expenses and prepaid

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vaisakh09 (Querist)
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29 September 2011 Please can anyone tell me the entry for outstanding expenses and prepaid expenses to be passed in tally.

CA Amit Joshi (Expert)
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29 September 2011 For outstanding Exp:
Expenses A/c Debit
To Outstanding Exp A/c

For Prepid exp:

Prepaid Exp A/c Debit
To Cash/BAnk

ACMA Obulirajan R (Expert)
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29 September 2011 Agreed with expert

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