A

Admin • 802.91K Points
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Q. Outstanding salary is shown as:

  • (A) Asset
  • (B) Liability
  • (C) Income
  • (D) Expense
  • Correct Answer - Option(B)
  • Views: 2
  • Filed under category Accounting
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Explanation by: Admin
Outstanding salary is a current liability as it is yet to be paid.

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