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What is the meaning of Drawing Office Salary in Cost Accounting?
Drawing office salary what treatment in cost sheet
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Is payroll deductions a credit or debit in accounting?
In accounting, payroll deductions are typically recorded as a debit to the salary expense account, reflecting the reduction in expenses due to the deductions. Conversely, the corresponding credit is recorded in liability accounts, such as taxes payable or other deductions payable, indicating the amounts owed to third parties. Overall, payroll deductions decrease the overall expenses while creating liabilities.
What is Journal entry to correct salary overpayment?
debit cash / bank (with overpaid amount)credit salary expenses
Non operating expenses?
Non-operating expenses include the salary of the CEO and the rent expense for the facilities. Non-operating expenses are a part of overhead costs.
What is the meaning of Drawing Office Salary in Cost Accounting?
Drawing office salary what treatment in cost sheet
What is the meaning of counting house salary in short?
Counting House is a British term used before the 20th Century. It relates to any place( as in room, hall, center etc) where any accounting work is done. Therefore in Cost Accounting one can say that it will come under Office & Adminstration expenses.
Is accounting fees a selling administrative expense?
Sales salaries and commission expenses, if paid for selling the products then it is selling expenses, while if salaries or commission is paid for administration work then it would be classified as administration expense like salary of operation manager etc.
What will not be an expense for a candidate running for a national office?
A personal salary will not be an expense for a candidate running for a national office. Candidates do not receive a salary while running for office; however, campaigns do incur various expenses such as advertising, staff salaries, travel, and fundraising costs.
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
List of Direct and Indirect expenses in Accounting?
Some direct expenses for a furniture manufacturer are:Laborers' wagesHandles, locks and hingesSynthetic woodGlassWoodSome indirect expenses for a furniture manufacturer are:Power consumptionNails and screwsSupervisors' salariesVarnish, glue, paintsFactory insuranceFactory depreciationFactory manager's salary
What are the employee expenses for a pediatrician?
A pediatrician can have a number of employees working for them. The pediatrician has to pay the salary of office staff, nurses, and assistants.
What is the pope's salary?
The pope receives no salary but all his expenses are paid for by the Church.
What is the Salary of a CEO of an accounting firm?
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How much does an accounting controller make?
The salary for an accounting controller varies greatly depending on the state you work in and the company you work for. The median salary for an accounting controller is 176,000 dollars per year.
What is the average salary of an accounting technician?
The salary of any job varies greatly depending on factors like level of education and geographic location. However, the average salary of accounting technicians is $46,000.
How much money do doctors in Alberta make?
This varies widely. As an accountant doing the financial statements for one office, the range was from just over $53k to around $300k (there were four physicians in the office). This was their salary before taxes, but after office and professional expenses.
