Question

paid salary rs 6000 but salary still unpaid 1000 pls show this in accounting equation?
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Answer 1

Step-by-step explanation:

Answer: Outstanding salaries are salaries that are due and have not yet been paid. Outstanding salaries is a liability and in particular an accrued expense. Outstanding salary will come under personal account.

Answer 2

Total Assets

=

Cash + Bank + Stock

=

40,500 + 4,500 + 11,200

=

Rs

56,200

Liabilities

=

11,200

Capital

=

45,000