out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/

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out standing salaries goes to whiich A/C I mean personal(or)
real(or)nominal a/c

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out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / vikas

outstanding salaries goes on nominal account because we
have to pay the salary to employee, it is a expenses and
outstading salary comes in profit & loss account debit site

Is This Answer Correct ?

20 Yes

8 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / neelima

out standing salaries are considered as personal a/cs
because these salaries have to be payable which are known
as representative personal a/cs.

Is This Answer Correct ?

8 Yes

0 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / shriram

Outstanding salaries a/c is strictly a personal account. to
be specific it is a representative personal account.

Is This Answer Correct ?

7 Yes

2 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / pawan kumar

it is a peronal account

Is This Answer Correct ?

7 Yes

3 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / a.madhu sudhan rao

Outstading salaries goes to Personal Account

Is This Answer Correct ?

7 Yes

3 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / aurosnigdha bose

it will go to personal a/c

Is This Answer Correct ?

4 Yes

0 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / t.t.abhishek9

its comes to personal account/why because any sufix or
prefia add to nominal account comes under personal account.
it will reflect only on balance sheet

Is This Answer Correct ?

8 Yes

5 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / a.r.somesh

Dear Friends,

Outstanding Salaries affect twice, if it is given in
adjustment,

Nominal Account and Real Account,

If it is given in Trial Balance will affect only on
Liabilities in Balance Sheet., ie. Real Account.

Thanks

Is This Answer Correct ?

6 Yes

3 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / khan

Mr.Srekanth,

As per Nomial Account All expenses and losses should be
debited. and All incomes and gains should be credited.

means oustanding salary should be debit.

Is This Answer Correct ?

2 Yes

1 No

out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c..

Answer / sreenivas

Hi friends,

If it gives in adjustments it should be considered as
nominal and personnel.Because it reflects in profit and
loss ac and balanc sheet also.

If it gives in trial balance it should be considered as
personel ac only. Because it reflects in Balance sheet only.

Thanks and Regards
Sreenivas

Is This Answer Correct ?

1 Yes

0 No