Answer / monica

wages a/c dr
To wages outstanding a/c

Answer / ajay

guys just check out ans no 25 it solve all your accounting
worries

Answer / surjit singh

WAGES A/C DR
TO OUTSTANDING WAGES A/C
NARRATION BEING WAGES DUE FOR THE M/O

WHEN PAID
OUTSTAINDING WAGES A/C DR
TO CASH/BANK

NOTE WAGES A/C IS NOMINAL A/C ANY INCREASE IN IT IS DEBIT
AS ILLUSTRATED ABOVE,ANY INCREASE IN LIABILITY IS A CREDIT
IT REFLECTS ABOVE,BUT MY POINT IS O/SALARY A/C IS A
PERSONAL A/C RULE IS DEBIT THE RECEIVER CREDIT THE GIVER
IN THIS CASE SOME GROUP OF PERSONS SAY RAM SHYAM GOPAL HAS
RENDERD SERVICES TO COMPANY WITH NO BENEFIT TAKEN,SO THEY
ARE OBVIUOSLY IN CREDIT SIDE ACCORDING TO RULE CREDIT THE
GIVER REMEMBER ANY INCRESE IN ASSET AND EXP IS DEBIT AND
INCRESE IN LIABITYS AND INCOMES ARE CREDIT.

Answer / dinesh silswal

Wages A/c Dr.
Employer Contribution to E.SI. A/c Dr.
Employer Contribution to PF A/c Dr.
To PF Payable A/c Cr.
To E.S.I. A/c Cr.
To Wages Payable A/c Cr.

Answer / abhishek

Wages A/c Dr.
To Outstanding Wages A/c

Opening Entry in Next Year :-

Outstanding Wages A/c Dr.
To Wages A/c

Answer / bharani

wages outstanding a/c dr
to wages a/c cr
being wages outstanding

Answer / vijay singh

Outstanding wages a/c Dr.
To wagesa/c

Being outstanding wages paid.

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