Answer / pankaj kumar malviya

Outstanding Salary A/c is a Representative Personal Account as it represents a group of people to whom some amount of salary is payable. Similarly other outstanding and prepaid expenses also fall under the category of representative personal accounts.

Answer / gayathri

Salaries Outstanding A/c is Nominal A/c. Nominal Account
rule is Debit all expenses and losses, and Credit incomes
and gain. Outstanding Salaries is Liabilities (expenses)
of the company

Answer / samuel

salaries should be given to employees bcoz this is there
right and it can not be denied

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information that goes into-------------can be used to help prepare

1 Answers   FactSet Systems,

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1 Answers   Mellon,

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