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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 / sarika ghadge
It will come under Nominal Account.
All expenses come under the profit and loss A/c
and outstanding salary is debited to profit and loss A/c.
It is the rule of Nominal Account that debit all expenses
and losses.
| Is This Answer Correct ? | 4 Yes | 6 No |
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