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out standing salaries goes to whiich A/C I mean personal(or)
real(or)nominal a/c
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Answer Posted / a.r.somesh
Dear Friends,
Outstanding Salaries affect twice, if it is given in
adjustment,
Nominal Account and Real Account,
If it is given in Trial Balance will affect only on
Liabilities in Balance Sheet., ie. Real Account.
Thanks
| Is This Answer Correct ? | 6 Yes | 3 No |
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