out standing salaries goes to whiich A/C I mean personal(or)
real(or)nominal a/c
Answer Posted / sameer
Real A/c
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Reserve Capital and Reserve Capital
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
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