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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)
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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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