Please clarify

Dear Kesha,

Payable and O/s expenses is the same (current liability which is accrued but not paid)

extraordinary items are those items of incomes which arise other than out of ordinary course of business.

Thanks alot sir for the prompt Reply

you are welcome

hi,

Exceptional items relate to material non-recurring items of

income and expense arising from circumstances such as:

- write-downs of inventories to net realizable value or of

property, plant and equipment to recoverable amount, as well

as reversals of such write-downs;

- restructurings of the activities of an entity;

- releases of provision

Etc.