Accounting · Final Accounts Adjustments
Outstanding wages given inside the trial balance at year end will be shown as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Assets in the Balance Sheet only
- 2Debit in trial balance and asset in Balance Sheet
- 3Credit in trial balance and liability in Balance Sheet✓
- 4Debit in the trial balance only
Correct answer
Credit in trial balance and liability in Balance Sheet
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