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what is the entry of arrears salary. but salary sheet is already finished.



what is the entry of arrears salary. but salary sheet is already finished...

Answer / manoj mishra

Outstanding Salary is Rep. Personal A/C, Hence
MR. X A/c ---Dr.
To Outstanding Salary A/c

If the final accounts are prepared the liability will go to the balance sheet on Dr. Side. and will be carry-forward.

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