0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Does an increase in wages payable increase or decrease cash flow?
Increase in wages payable will increase in cash flow because cash is not paid.
What is the journal entry for wages paid?
Db wage expense Cr cash
What is the journal entry for wages paid for installation of machinery?
[Debit] Machinery Asset [Credit] Cash Account
What is the journal entry when Anna paid her receptionist 1000 in wages for the period January 16 through January 27?
[Debit] wages Expenses 1000 [Credit] Cash 1000
What is journal entry for wages paid to raj?
Outstanding wages are those wages that have been earned in one acctg period but will not be paid until the next. This happens when a payroll period crosses months. Under the accrual basis of...Though I honestly never heard of a company paying a Salary in advance, the journal entry would be: Prepaid Salary (debit) $$$$ Cash (credit) $$$$ It would be like paying any other expense in advance,...
Does an increase in wages payable increase or decrease cash flow?
Increase in wages payable will increase in cash flow because cash is not paid.
What is the journal entry for wages paid?
Db wage expense Cr cash
What is journal entry for Paid wages?
Db wage expense Cr cash
Wages are paid cash and not in a bank account is it possible to get a loan?
I doubt it, without proof of income
Why did many rural-to-urban migrants move to the cities?
Many rural-to-urban migrants moved to the cities in search of better job opportunities, higher wages, and improved living standards. They were often drawn to cities by the prospect of escaping poverty in rural areas and accessing a wider range of social and educational opportunities.
Why did many rural to urban migrants move to the cities?
Many rural to urban migrants moved to the cities in search of better job opportunities, improved living conditions, access to education, healthcare, and other services, as well as a desire for a more urban lifestyle. Economic factors, such as mechanization of agriculture leading to fewer jobs in rural areas, also played a role in prompting migration to cities.
What is the journal entry for wages paid for installation of machinery?
[Debit] Machinery Asset [Credit] Cash Account
What is the journal entry when Anna paid her receptionist 1000 in wages for the period January 16 through January 27?
[Debit] wages Expenses 1000 [Credit] Cash 1000
What was a reason why people left family to move to the city?
factory work paid wages in cash, which was not always the case on farms.
What was a reason why people left farms to move to the city?
factory work paid wages in cash, which was not always the case on farms.
What is the journal entry if cash is owing to staff in wages for work in march and paid on April?
End of March: DR Salary Expense CR Salary Payable Paid day on April DR Salary payable CR Cash
What was a reason why people left family farms to move to the city?
People left family farms to move to the city for economic opportunities, such as higher wages and a wider range of job options. Additionally, cities offered better access to education, healthcare, and social services that were often lacking in rural areas. The promise of a more modern and convenient lifestyle also attracted individuals to urban areas.
