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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)
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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 |
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