Question

salart outstanding 2000

Answer 1

hey there ,,,

salary outstanding means , the salty given in advance by the firm .

let us see salary is an expense to the business .

so its a. nominal account .

the rule of nominal account is debit all expenses and losses and credit all incomes and gains.

therefore , .

journal entry of salary outstanding is

salary outstanding a/c. dr. 2000
to cash a/c. 2000 .

hope it helps !!!

be brainly ♥♥