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Journal entry of outstanding wages is
Wages a/c dr
TO O/s wages a/c

In the Above journal entry why outstanding wages has to be
credited ? and o/s wages comes under which account, and why
(Personal, Real, Nominal)

Answer Posted / guest

as wages is expenditure for the company, nominal
account because it is a expenditure for the
company

Is This Answer Correct ?    10 Yes 3 No



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