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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 / krishna prasad
wages is nominal A/c.outstanding wages is representative A/c.The employees gives services to company so giver is credited as per personal A/c until paid wages
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