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what is the Journal entry for Salaries outstanding? Giv an
example.

Answer Posted / shaikh areef areef

Salary A/C................Dr xxxxxxxxx
To salary outstanding A/C. xxxxxxxxxccx
(Being salary Due)

When made payment

Salary outstanding A/C ..........Dr xxxxxxxxx
To Cash/ Bank A/C xxxxxxxxx
( Being salary paid)

"Salary is expense for business so as per Nomminal A/C All expenses should be debited
And outstanding salary means liabilities so it should be credited

If any mistakes from my view please suggest me the correct reason on whatapps +919576404243
Shaikh Areef Nomani

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