Answer / pankaj kumar malviya

Outstanding Salary A/c is a Representative Personal Account as it represents a group of people to whom some amount of salary is payable. Similarly other outstanding and prepaid expenses also fall under the category of representative personal accounts.

Answer / gayathri

Salaries Outstanding A/c is Nominal A/c. Nominal Account
rule is Debit all expenses and losses, and Credit incomes
and gain. Outstanding Salaries is Liabilities (expenses)
of the company

Answer / samuel

salaries should be given to employees bcoz this is there
right and it can not be denied

If a professional Musician hired for one time for Rs. 5000/-, is it compulsary to deduct the TDs from that amount?

3 Answers  

---

what is depreciation?

48 Answers   Genpact,

---

what is reconciliation ?

2 Answers  

---

expand P P Division ?

1 Answers  

---

What do you mean by an Accounting Cycle....?????

7 Answers   HCL,

---

How to Determine Bad Debts Expense?

5 Answers  

---

expand C I S F

10 Answers   CISF,

---

I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

0 Answers  

---

what is diffence between Ltd. Company and Pvt. Ltd. Company

3 Answers  

---

capital goods excise duty why are taken in 50 percent in firt finicial year and second next finicial year?

2 Answers   PWC,

---

someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

0 Answers   State Bank Of India SBI,

---

what is the differance bet ween Bill and invoice?

4 Answers   DataMonitor,

---