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difference between accrued exp and outstanding exp

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(Querist)
17 July 2011 Hi,

what is difference between accrued exp and outstandig exp? pls give exp for both

Monia
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 July 2011 Accrued expenses are expenses which related to the particular period. Out standing expenses which are accrued and not yet paid
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