Salaries and wages affect the locality by means of employment rate. For instances such as when the salary of a desired position goes down, the employment rate goes down too. And when the salary of the desired position goes up, the employment rate of the desired position goes up too.
direct wages\salaries would be wages received from primary form of employment such as your paycheck. indirect wages\salaries would be from 1099 or contract employment or tips and things like that, any other form of wage of anykind.
The main purpose of this calculation is to find the salary and wages payable liability to show in the liability side of the balance sheet.
wages and salaries
salaries
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Wages are a payment for services of labour whether mental or physical,wages includes fees, commission and salaries
Wages are the same thing as salaries, the checks or payment you receive when you have a job.
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All kind of expenses have debit balances so wages and salaries expenses have also debit balance instead of credit balance.
A payment other than wages or salaries
Wages and salaries
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