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What accounts would you code an invoice to for temporary employment services of a marketing assistant provided by a staffing agency?
For temporary employment services of a marketing assistant provided by a staffing agency, you would typically code the invoice to "Temporary Labor Expense" or "Contract Labor Expense" account in your company's chart of accounts. These accounts are used to track the cost of temporary staffing services separately from regular employee expenses. Additionally, you may also need to allocate a portion of the expense to specific marketing department accounts if the assistant's work is directly related to marketing activities.
What else can I help you with?
What types of accounts are referred to as temporary accounts?
Sales
What is another name for temporary accounts?
Nominal accounts
What is the difference between temporary accounts and permanent accounts?
Temporary accounts are like your revenue, expense, owner's drawing accounts and the income summary. Permanent accounts are like your assets, liability, and most of owner's equity accounts.
What are some jobs of an accounts assistant?
An Accounts Assistant is in charge of a variety of tasks, but more importantly and widely known would be: maintaining accounts, raising invoices, and maintaining ledgers.
What accounts are not affected by closing entries?
the accounts affected by closing entries are temporary accounts like expenses
What account would you code an invoice to for temporary employment services of a marketing assistant provided by a staffing agency?
accounts receivable
What are the duties of a marketing executive assistant?
Marketing executive assistant duties can include supporting the marketing manager in whatever way necessary. This can include working on accounts, handling correspondence, attending meetings, and making phone calls.
Are balance sheet accounts are temporary accounts?
no
Revenue and expense accounts are considered temporary accounts because they?
they are temporary accounts because they are closed out at the end of each fiscal period.
What types of accounts are referred to as temporary accounts?
Sales
What is another name for temporary accounts?
Nominal accounts
What is the difference between temporary accounts and permanent accounts?
Temporary accounts are like your revenue, expense, owner's drawing accounts and the income summary. Permanent accounts are like your assets, liability, and most of owner's equity accounts.
What are some jobs of an accounts assistant?
An Accounts Assistant is in charge of a variety of tasks, but more importantly and widely known would be: maintaining accounts, raising invoices, and maintaining ledgers.
What accounts are not affected by closing entries?
the accounts affected by closing entries are temporary accounts like expenses
What accounts are affected by closing entries?
the accounts affected by closing entries are temporary accounts like expenses
Are temporary and permanent accounts on the balance sheet?
no
Account?
Accounts payable is a temporary obligation
