Nature of accounts
This query is : Resolved
11 September 2010
please tell me the answer of this question.pick the odd one out of the following?
1.sale a/c
2.return inward a/c
3.wages a/c
4.salaries a/c
and also give the reason of this answer.
1.sale a/c
2.return inward a/c
3.wages a/c
4.salaries a/c
and also give the reason of this answer.
11 September 2010
My understanding,Sales a/c. - This only revenue ledger , all others expenditure and sale return (revenue reversal) accounts
11 September 2010
Agreed Mr. Ramesh.
there is nothing except this .
there is nothing except this .
17 September 2010
i thing salary is write except salary all other options are recorded in trading a/c only salary is expense relating to question which can be stand on p&l a/c. so the odd one out is salary a/c
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