Question

Salary payable is shown in balance sheet on
side.
O Liability
O O Fixed asset
O O
Current Asests
O
Fictious assets​

Answer 1

Explanation:

salary payable is Liability account

Answer 2

Answer:

Current Asests

Explanation:

Salary payable and accrued salaries expenses are the balance sheet account, and they are recording under the current liabilities sections. This account is decreasing when the company make payable to its staff.

Salary payable is classified as a current liability account that appears under the head of current liabilities on the balance sheet.

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