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متابعة

Accrued Salary is part of which Statement? 1. Income Statement 2. Balance Sheet

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تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2013/06/05
Khaled ALI-CIA
من قبل Khaled ALI-CIA , Group Internal Audit Director , Maamoun Group

Balance Sheet

Mohsin Ali Chaudhry
من قبل Mohsin Ali Chaudhry , Accounts Officer , CCE - Contracting & Construction Enterprises Ltd.

Balance Sheet, as it is a Current Liability.

Abdul Rahim Said Rahim
من قبل Abdul Rahim Said Rahim , Senior Executive - Business Development , Al Ruwais Plastic Products Trading LLC

Accrued salary means unpaid salaries, its a part of P&L Accounts & Balance Sheet as well.
In P&L Account we consider it as expenses whether paid or unpaid in order to valuate the Net Profit.
In Balance Sheet if the salaries is unpaid (accrued) then it is treated as current liability and will be recorded credit side of the balance sheet.

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