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Wages are typically recorded as an expense, which means they appear as a debit entry on the trial balance. In accounting, expenses increase on the debit side, while liabilities and equity increase on the credit side. Therefore, when wages are paid or incurred, they are debited to the wages expense account, reflecting a reduction in net income.
What else can I help you with?
Why the trial balance always be in balance?
Trial balance is always balance because of every entry in double entry system is in balance as related to debit account and credit account.
Is Accounts Payable a debit or credit on the trial balance?
debit
Is investment credit or debit in trial balance?
It has debit balance as investment is an asset and all assets have debit balance .
IS CASH FLOAT CREDIT OR DEBIT IN A TRIAL BALANCE?
Credit
Is common stock debit or credit on the trial balance?
Credit
Why the trial balance always be in balance?
Trial balance is always balance because of every entry in double entry system is in balance as related to debit account and credit account.
Is bank loan credit or debit in trial balance?
credit
What would you do if the credit amount is greater than the debit amount in the trial balance?
You would post the surplus credit into the 'Unassigned credit' entry.
Is Accounts Payable a debit or credit on the trial balance?
debit
Is investment credit or debit in trial balance?
It has debit balance as investment is an asset and all assets have debit balance .
Is common stock debit or credit on the trial balance?
Credit
IS CASH FLOAT CREDIT OR DEBIT IN A TRIAL BALANCE?
Credit
Trial balance commission debit or credit?
Commission in a trial balance can be debit or even credit . It depends on a situation . If commission is given in the debit side of a trial balance then it is debit and if it is given in credit side then it is credit . But if no info is given it is taken as debit . Thanks
Do you debit or credit provision for doubtful debts on trial balance?
debit
Are accounts receivable a debit or credit on trial balance sheet?
Debit
Is premises debit or credit in the trial balance?
Debit
Is Account Payable Considered Debit Or Credit On The Trial Balance?
debit
