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Standard XI
Accountancy
Trading & Profit or Loss Account
What type of ...
Question
What type of account is outstanding wages?
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Solution
Outstanding wages is a personal account
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Q.
Salaries & wages outstanding will be added to ________ account.
Q.
Outstanding wages is an example of __________.
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Outstanding wages is a ______________.
Q.
Wages outstanding has not been adjusted. While preparing final accounts it should appear in ____________.
Q.
If outstanding wages appears in trial balance, while preparing the final accounts it will be shown in/or ____________.
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