how will be the entry of outstanding salaries in receipt & payment account

how will be the entry of outstanding salaries in receipt &
payment account, income & expenditure & balance sheet

Question Posted / ravi

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how will be the entry of outstanding salaries in receipt & payment account, income & expen..

Answer / tapan kumar roy

OUTSTANDING WILL NOT COME IN RECEIPTS & PAYMENTS,IN INCOME EXPENDITURE IT WILL COME IN EXPENDITURE SIDE,IN BALANCE SHEET
IT WILL COME LIABILITIES SIDE UNDER CURRENT LIABILTIES.

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