gayathri


{ City } bangalore
< Country > india
* Profession *
User No # 25938
Total Questions Posted # 0
Total Answers Posted # 3

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Questions / { gayathri }
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Answers / { gayathri }

Question { HP, 41739 }

What is meant by Salaries Outstanding Accounts?


Answer

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

Is This Answer Correct ?    38 Yes 54 No

Question { HP, 41739 }

What is meant by Salaries Outstanding Accounts?


Answer

Salaries Outstanding Account refers salaries which are
already due but not paid.

Is This Answer Correct ?    61 Yes 5 No


Question { 50575 }

What is the nature of Bills Receivable account, I mean is
it a real account or personal a/c?


Answer

The nature of the Bills Receivable Account is Real Account
Why because Account of bill of exchange i.e., account of an
asset.

Is This Answer Correct ?    16 Yes 22 No