📒
Outstanding salaries is shown as___________?
Accountingmedium
AAn Asset in the Balance Sheet
Band
Cabove Outstanding salaries is the expense relating to the current accounting period but has not been paid yet and therefore, it is a current liability.
Both
Correct Answer: D. Both
Related Questions
Accounting
The assets which have some market value are called ____________?
Accounting
Assets having physical existence are called ___________?
Accounting
When owner withdraw cash for its private use, it is called ___________?
Accounting
Building and furniture are called ____________?
Accounting
Which of the following is true about a trial balance?