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CBSE Class 11-commerce Answered

outstanding salaries
Asked by ansuljoshi9 | 16 Dec, 2019, 12:09: AM
answered-by-expert Expert Answer
Outstanding Salary is a the amount of expense that has been incurred but has not been paid during the current accounting year. Since, the amount is payable, it is a liability for the business and is therefore, shown as a liability in the Balance Sheet.
Answered by Surabhi Gawade | 16 Dec, 2019, 11:11: AM
CBSE 11-commerce - Accountancy
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CBSE 11-commerce - Accountancy
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CBSE 11-commerce - Accountancy
BRS
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CBSE 11-commerce - Accountancy
plz
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CBSE 11-commerce - Accountancy
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CBSE 11-commerce - Accountancy
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CBSE 11-commerce - Accountancy
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CBSE 11-commerce - Accountancy
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