Question:

How can salary payable be write off from balance sheet?

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How can salary payable be write off from balance sheet?

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2 ANSWERS


  1. In UK ? you can't  'write off' salary that is payable .. even going bankrupt will not eliminate that liability ..

    Of course once you have PAID it, it appears on the other side of the balance sheet ...


  2. It is a liability on the balance sheet.

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