Interested to Buy Any Domain ? << Click Here >> for more details...
What is meant by Salaries Outstanding Accounts?
- 13 Answers
- 46917 Views
- HP, I also Faced
- E-Mail Answers
Answer Posted / a.r. kalpana
Salaries Outstanding accounts are a personal a\c.
If a business is not able to pay salary for the last two
months to all the workers or some of them the workers will
be treated as the creditors of the business(since they have
given the services but in exchange they have not been paid
for). The amount due to these employees will be added and
put under one common title "Salaries Outstanding account".
Thus the salary outstanding account is a personnal account
representing the employees.
| Is This Answer Correct ? | 128 Yes | 15 No |
Post New Answer View All Answers
in a every intervew asking one common question why you are living current employer, which is the best answer
Define The Term Journal And Explain The Present Day Use?
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
What is contract accounting?
Where to enter bonus and pf esi in tally pls help for me
Under the accrual basis of accounting incomes are recognised at the time -------------------
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
Explain valuation methods of Normal and Abnormal loss
What is a bad credit score?
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
Please explain a Representative Personal Account.
what is meant by cash purchase?
Telly ERP9 is perfect accounting softwear in excise unit.
Tell me about how you have left a position better than you found it
