answersLogoWhite

0

If wages already paid then it is current expense, if wages are payable within current fiscal year then it is current liabilities, if wages are payable in morethan one fiscal year that the amount payable in current fiscal year is current liability and the remaining amount will be treated as long term liability.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What liabilities are you responsible for when providing advice?

the only liabilitys that abide to you when giving advic3e is that it doesnt get the person in trouble.


Are lease provisions a current liability or non current liability?

Non-current liability, all provisions are non current.


Is premises a current asset or non current asset?

non-current assets.


Is fixtures and fittings a current asset or a non current asset?

non current


Is money lent by a bank a current asset or non current asset?

non current asset


Are Accrued wages a current liability?

Accrued liabilities are a current liability if they are due within one year.


What is a non-current investment?

non current investment is the investment which is for long period and not releasable for the current period


Where does wages due go in a balance sheet in business studies?

Wages due (also known as "Creditors for Wages"), is listed in the Balance Sheet under "Trade and other payables" which falls under Current Liabilities. Current Liabilities again is a sub section of the Liabilities section of the Balance Sheet.


What is meaning of wages in accounts?

The Wages section on a general ledger is the account that represents the cost of your payroll, or how much you need to give your employees for the current period.


What are the current average wages in Brazil?

I do not know, but you should be able to find it on the web.Bena


Is land a current or non current asset?

I believe that land comes under Property, Plant & Equipment which comes under non-current. So, as far as I can recall, it should be non-current.


What are the reasons for charging depreciation on non current assets?

depreciation non current asseate

Trending Questions
What are the disadvantages of labor turnover? I received an invitation letter from the “Open Journal of Clinical Diagnostics”, which is one of the journals launghed by SCRRP. Does anyone know about ”Open Journal of Clinical Diagnostics” Should I trust it to publish my article there? How much do you have to make were you have to file taxes in 2007? What is the example of simi variable costs? What is the goal of activity based management? Can a credit card company reopen an investigation on a fraudulent account if it was charged off and then was disputed and now has been deleted from your credit file? Received a payout from aflac after having policy for 20 years do i have to pay taxes on the money received? Which of these statements abut state income taxes is false? WHAT DOES CORR PMT STANDS FOR IN BANK STATEMENT? How do you bounced checks affect your credit score? Is bank interest payable credit or debit? Which form details earned wages together with required and optional deductions? Why is a system of internal control not able to overcome collusion by employees? How write banks letters for credit card machine? How you do statutory audit? What are the benefits of using American Express Corporate cards? To be effective rewards need to be Presented before the organization (town halls) Meaningful timely and specific Cash time off or quality step increase Based on observable behaviors? What is the journal entry for January 4 purchase inventory of 4000 units at 8 per unit on account.? How to do audit of insurance company? How much is the Tax amount on a reportable capital gain of 33200.00?