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The outstandings generally relate to (i) Imprest cash; (ii) admitted debits; (iii) other miscellaneous items including unsold indemnity notes, time tables, tariffs, etc. (iv) Station office furnitures and equipments. Choose the correct option:
Only (i) & (iii)
Only (i), (ii) & (iv)
Only (i), (ii) & (iii)
All of the given options
Only (i), (ii) & (iii)
In railway accounting, 'outstandings' typically refer to items like Imprest cash, admitted debits, and miscellaneous items like unsold indemnity notes, time tables, and tariffs. Station furniture and equipment are generally treated as assets/dead ...
In railway accounting, 'outstandings' typically refer to items like Imprest cash, admitted debits, and miscellaneous items like unsold indemnity notes, time tables, and tariffs. Station furniture and equipment are generally treated as assets/dead stock, not as 'outstandings' in the context of station accounts.
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