$169,300
Debit Salaries Expense, Credit Salaries Payable.
Salaries expense -can be paid or unpaid while salaries payable is finally pay the salaries...
outstanding salaries a/c....................dr to outstanding expenses
salaries payable it is and example of liabilities tittles!
Yes, salaries payable is a current liability.
you would have to be a senator to know that
free postage-free airline tickets-pay no income tax-excessive salaries.
US senators make between 180,000 and 200,000 dollars a year. There are also many other benefits and rewards available to them.
Senators are not "elected", as such, they are appointed. So no one pays for their elections. Their salaries and other expenses are paid out of the general tax funds. However, this answer is going to come as a surprise to voters, as they do have elections every 6 years.
The salaries for U.S. Presidents, Supreme Court Justices, U.S. Senators, and U.S. Representatives are set by Congress. Specifically, the Constitution grants Congress the power to determine the compensation for federal officials, including these positions. However, the salaries cannot be changed during the term of the officeholder, ensuring that sitting officials are not subject to salary adjustments made by the legislature while they are in office.
Taxpayers in the United States determine the salary of all people who work in the government.
Senators are not "elected", as such, they are appointed. So no one pays for their elections. Their salaries and other expenses are paid out of the general tax funds. However, this answer is going to come as a surprise to voters, as they do have elections every 6 years.
The 27th amendment
The actual text is... "No law, varying the compensation for the services of the Senators and Representatives, shall take effect, until an election of Representatives shall have intervened." In simple terms - it means that no laws concerning the pay of senators & representatives can be enforced before the next general election.
The total payroll for the U.S. Senators and Representatives varies annually due to factors like salary changes and the number of members. As of 2023, Senators earn an annual salary of $174,000, while Representatives also earn the same base salary. With 100 Senators and 435 Representatives, the total payroll can be estimated at approximately $92 million, not including additional staff salaries and benefits.
U.S senators currently are pair $174,000 per year. The salaries of state senators varies from state to state.
In Illinois, state representatives and senators are paid an annual salary of $77,000. Additionally, they receive per diem compensation for travel and expenses incurred while conducting legislative duties. These salaries and benefits may be subject to change based on budget decisions and legislative actions.