Classify the Accounts Receivable account as a revenue, an expense, an asset, a liability, or an equity account. Is its normal balance a debit or a credit? Which of the following in an account is an asset? a. Salaries expense. b. Accounts payable. c. Servi...
Loans payable 800 Cash 800 C. Withdrawals 800 Cash 800 D. Salary expense 800 Cash 800 Does the journal entry to record payment of wages to employees include a debit or a credit to cash? a. Debit b. Credit c. Cannot be determined In which journal is the ...
Record salary to be paid out after year-end Debit: Salary expenses Credit: Accounts payable Record salary paid out in current year Debit: Accounts payable Credit: Salary expenses What will happen? The payment by “journal entry” can be challenged by the Canada Revenue Agency. Life will not b...
Employee Banking Platinum Debit Card Titanium Credit Card (5% cash back on petrol, telecom and utility bill payments and reward points on other categories) OR Platinum Rewards (5 reward points for every Rs. 100 spent#) Convenient online banking Easy mobile banking Be smart. Add value with more...
driver’s license or other government identification numbers, physical or mental health information or other information subject to the Health Insurance Portability and Accountability Act or similar legislation, personal financial account information, debit or credit card numbers, or other information subject...
Dividends are only payable from post-tax profits so, if you’re not yet turning a profit and need to take out funds, you’ll have to do this via a salary instead. The main benefit of extracting dividends from your company is that, unlike salary, they are not subject to NICs. Do ...
1. payable payroll account It is mainly used for theaccounting of the liabilities, salaries, bonuses, allowances and subsidies paidby the enterprise to the employees. The amount of the debit, the amount of thecredit, the amount of the credit, the amount of the credit payable, and theamount...
Bookyt is a bookkeeping/ERP application designed for small-to-medium-sized companies. It can handle debit invoices, credit invoices, projects with timelogs, swiss salary management, and much more. - huerlisi/bookyt
Pay the Exam Fee Through Online Debit Card, Credit Card, Net Banking Fee Mode Only. Online fee can be paid by candidates up to 08-05-2024 (23:00 hours). How to Apply How to Apply: The applications must be submitted through online mode only. For detailed instructions on filling an on...