Salary will be fully transferred to the income statement and the outstanding salary will be shown in the balance sheet as a liability as shown in table 4.15. Table 4.15 Income Statement Balance Sheet Incomes Expenses Source Salary 60,000 Outstanding salary 10,000 Assets Table 4.16...
Has your salary outpaced your value? If you have been at your employer for a while, your salary might have silently crept up above market value due to standard annual raises. Is your functional experience, institutional knowledge, and industry expertise worth your salary? Or are you just more...