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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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Answer Posted / 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 |
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