Nature of accounts

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MANJOT SINGH (Querist)
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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.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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11 September 2010 My understanding,Sales a/c. - This only revenue ledger , all others expenditure and sale return (revenue reversal) accounts

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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11 September 2010 Agreed Mr. Ramesh.

there is nothing except this .

MANJOT SINGH

MANJOT SINGH (Querist)
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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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