Interested to Buy Any Domain ? << Click Here >> for more details...
Journal entry of outstanding wages is
Wages a/c dr
TO O/s wages a/c
In the Above journal entry why outstanding wages has to be
credited ? and o/s wages comes under which account, and why
(Personal, Real, Nominal)
- 7 Answers
- 31806 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / debasmita
outstanding wages a/c is under personal a/c and wages a/c is
under nominal a/c.so debit all expences and losses.where in
personal a/c cr is the reciever.
| Is This Answer Correct ? | 27 Yes | 19 No |
Post New Answer View All Answers
What is BRS Adjustment entry?
How does accounting contribute to the community?
What is invoice processing can u explain it?
wht is different between defered tax liablities and defered tax assets??????
what are the direct expense of loan department in banks.
What does it mean to do accounting training outside of public practice?
In South Africa, the value added tax is administered by?
In accounting, vat abbreviates what?
Types of errors in account
Explain me what makes a successful account manager?
Do you know what is icai?
What is reversing journal entries?
What are the different types of gst?
what are the limitations of accounting ratios?
Tell me what does the standard journal entry includes?
