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If salaries payable was 100000 at the beginning of the year and 75000 at the end of the year should the 25000 decrease be added to or deducted from income to determine the amount of cash flows from op?
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When a business pays cash for salaries assets decrease and expenses?
INCREASE
Does a increase in salaries payable decrease cash?
Increase in salaries payable increases the cash account as cash is not paid and due to non payment of cash, cash account showing more balance then it would be if salaries paid already.
What is the purpose of doing the calculation Beginning salaries and wages payable PLUS Salaries and wages expense MINUS cash payments to employees EQUALS Ending salaries and wages payable?
The main purpose of this calculation is to find the salary and wages payable liability to show in the liability side of the balance sheet.
How do you record accrued salaries?
Debit Salaries Expense, Credit Salaries Payable.
What is the journal entry for outstanding salaries?
outstanding salaries a/c....................dr to outstanding expenses
Are ceo's and other top execs salaries deducted from a companies taxes?
they are c*nts
When a business pays cash for salaries assets decrease and expenses?
INCREASE
Explain why gross earnings not net pay is debited to the salaries expense account?
Gross earnings are deducted from the salaries expense rather than the net pay because the amounts withheld are liabilities to the company and get paid every quarterly period.
What are beginning salaries for Lab Technicians?
intially 5000/-PM. atleast
What is the salary of a representative determined by?
Congress has the power to determine the salaries of representatives.
What is a payroll in a way a kid could understand?
A payroll is a record of money a company pays to its employees. This record would include salaries, bonuses, and taxes deducted.
Does a increase in salaries payable decrease cash?
Increase in salaries payable increases the cash account as cash is not paid and due to non payment of cash, cash account showing more balance then it would be if salaries paid already.
American managers running businesses in Mexico have found that by increasing the salaries of Mexican workers does what?
decrease productivity
Where would salaries show up on the tax return and where would distribution show up on a tax return?
What kind of tax return? I'm going to assume you mean a corporate or partnership return. Salaries should be deducted as a business expense. There is a box for "salaries" or something similar, depending on the returns. Distributions will typically only be seen on the balance sheet of the return.
Where might one determine what an MRI Technician's salary might be?
One can determine what a MRI Technician's salary might be on websites like Indeed, Health Care Salaries, X-Ray Tech Salaries, Salary, MRI Technician Salary or Voices Yahoo.
What is the purpose of doing the calculation Beginning salaries and wages payable PLUS Salaries and wages expense MINUS cash payments to employees EQUALS Ending salaries and wages payable?
The main purpose of this calculation is to find the salary and wages payable liability to show in the liability side of the balance sheet.
How many rows are used in the average salary spreadsheet?
There is no way to determine that without knowing how many salaries you what to list on the spreadsheet.
