Accountancy, asked by nfautismconsulting, 4 months ago

How do you record salaries on a balance sheet

Answers

Answered by hardiksharma50

Answer: Salaries do not appear directly on a balance sheet, because the balance sheet only covers the current assets, liabilities and owners equity of the company. Any salaries owed by not yet paid would appear as a current liability, but any future or projected salaries would not show up at all.

Explanation:

Previous Question

Next Question

Similar questions

English, 2 months ago

Throw some light on the views of the poet about women's right...

Math, 2 months ago

Marathi patralekhan Chitrakala pariksha Pratham kramanka mitra la abinandhan 7th std...

World Languages, 2 months ago

If you were in Lata's situation, what would you do to solve the problem?

Hindi, 4 months ago

What's the meaning of समाि तुक शब्र्दों...