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Is outstanding salery paid is recorded in revaluation account

Posted by Sonali Bishnoi 6 years, 6 months ago

CBSE > Class 12 > Accountancy

4 answers

Shivam Sharma 6 years, 6 months ago

Outstanding salary paid means Liabilities is increases so and shown in Dr. Side of revaluation A/C

Tushar Mittal 6 years, 6 months ago

Outstanding salary a/c dr... To cash a/c Outstanding salary a/c dr... To revalution a/c

Alisha Wadhwa 6 years, 6 months ago

No The entry will be O/s salary. Dr To cash

Devañšh Ģöýăl 6 years, 6 months ago

Yes

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