Introduction:
Ledger accounts are used in accounting to record financial transactions. The purpose of having different ledger accounts is to ensure that financial information is organized and easy to access. In the case of salary, it is important to have separate ledger accounts for salary, salary outstanding, and salary prepaid. This helps in maintaining an accurate record of the company's financial transactions related to employee salaries.

Salary Ledger Account:
The salary ledger account is used to record all the salary expenses incurred by the company. This includes the salaries paid to employees, as well as any deductions made for taxes, benefits, and other expenses. The salary ledger account is an important record of the company's expenses and is used to prepare the income statement and balance sheet.

Salary Outstanding Ledger Account:
The salary outstanding ledger account is used to record the amount of salary that is due to employees but has not yet been paid. This is a liability for the company and is recorded in the balance sheet. The salary outstanding ledger account is an important record of the company's liabilities and is used to prepare the balance sheet.

Salary Prepaid Ledger Account:
The salary prepaid ledger account is used to record the amount of salary that has been paid in advance to employees. This is an asset for the company and is recorded in the balance sheet. The salary prepaid ledger account is an important record of the company's assets and is used to prepare the balance sheet.

Conclusion:
In conclusion, it is important to have separate ledger accounts for salary, salary outstanding, and salary prepaid. This helps in maintaining an accurate record of the company's financial transactions related to employee salaries. The salary ledger account is used to record all the salary expenses incurred by the company, the salary outstanding ledger account is used to record the amount of salary that is due to employees but has not yet been paid, and the salary prepaid ledger account is used to record the amount of salary that has been paid in advance to employees.

Yes
salary paid is an expense .
rule is dr.increase in exp, cr.decrease in exp

salary outstanding is liability
rule is cr.increase in liability, dr decrease in liability

salary prepaid is an asset
rule is dr increase in assets. cr decrease in asset