Accountancy, asked by shaikhashiya365, 3 months ago

Outstanding salary is an nominal account

Answers

Answered by chaubeyrakesh65
0

Answer:

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Answered by arjunganage2427
2

Answer:

Nominal account is an account which is related and associated to losses, expenses, income and gain. But Outstanding salary is a personal account because it relates to actual persons. As the salary is due but not yet paid, so it doesn't come under nominal account.

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