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What is the adjusting entry for wages posted twice?
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... entry is wages expenses are credit and outstanding wages are credit.
What is journal entry of outstanding wages?
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 accounting, such wages must be accrued in the period earned regardless that they are paid in a subsequent period.
Meaning of outstanding expenses?
what is outsand expenses
What is the meaning of outstanding liability?
The amount of liability which is yet to be paid as on the balance sheet date is known as outstanding liability
What is the meaning of productive wages?
Basicaly money that is paid or received for work or services, as by the hour, day, or week is productive wages.
What is the journal entry for outstanding wages?
debit wages expensescredit wages payable
How do you use the word outstanding in a sentence?
The compay didn't pay it's outstanding wages yet.
What is the adjusting entry for wages posted twice?
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... entry is wages expenses are credit and outstanding wages are credit.
What is journal entry of outstanding wages?
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 accounting, such wages must be accrued in the period earned regardless that they are paid in a subsequent period.
Can a hospital garnish your wages due to an outstanding balance My insurance paid most of the debt?
No...they do not have the right to garnish wages unless you signed a consent form agreeing to such.
Meaning of outstanding expenses?
what is outsand expenses
What was the most outstanding social effect of the development of a division of labor system of production was?
Unemployment or decreased wages for skilled craftsmen
Can a second mortgage lender garnish wages in SC for a foreclosure where the first lien took back the collateral?
If they were not part of the foreclosure deal, meaning that they didn't sign off on the short sale, then the loan is still outstanding. I suppose you didn't make the requested payments, so they are following up by garnishing your wages for payment. Check in with a real estate attorney, but you probably have a choice between paying up or having your wages garnished.
What is the meaning of outstanding liability?
The amount of liability which is yet to be paid as on the balance sheet date is known as outstanding liability
Can a collector garnish your wages in Georgia for a car repossession?
Yes, after due process is followed in accordance with the laws of the state.
What part of speech is the word outstanding?
Outstanding is an adjective. It describes something.
What is the meaning of productive wages?
Basicaly money that is paid or received for work or services, as by the hour, day, or week is productive wages.
