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
- 31458 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / krishna prasad
wages is nominal A/c.outstanding wages is representative A/c.The employees gives services to company so giver is credited as per personal A/c until paid wages
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
what is the process of cenvat credit taken in service tax( in direct & indirect service)
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
what are the processes of account reconcillation
As you know executive accounting?
WHAT ARE THE MOST ELEMENTS OF YOUR JOB?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
what is accounting cycle ?
What is a contra entry
how we can calculate sundry debtors and crditors a/c?show some examples
Describe me accounting rules
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
What is cash flow and fund flow?
What are the uses of journal in accounting?
what is subscription order
Tell me what is reversing journal entries?
