Reimbursed Employee Expenses Journal

Accounting for reimbursed expenses requires two journal entries, the first is to record the expense and the liability to the employee, the second is to record the payment to the employee to clear the liability.

Reimbursed Employee Expenses Journal July 18th, 2017Team
Read more

Vacation Accrual Journal Entry

Vacation entitlement which has been earned by an employee but has not been taken by the end of the accounting period, represents a liability to the business. The liability is recorded using a vacation accrual journal entry.

Vacation Accrual Journal Entry September 20th, 2017Team
Read more

Unpaid Wages

Unpaid wages are wages which have been earned by an employee during an accounting period but which remain unpaid at the end of the accounting period.

Under the accruals basis of accounting an adjusting entry needs to be made to provide for the unpaid wages based on the hours worked and the wage rate.

Unpaid Wages November 6th, 2016Team
Read more

Payroll Accounting Process

Payroll is the aggregate expenditure on wages and salaries incurred by a business in an accounting period. It can also refer to a listing of employees giving details of their pay.

Payroll Accounting Process September 20th, 2017Team
Read more

You May Also Like

Related pages

the number of days sales in receivablesear financial calculatoraccounting contra accountannuity tables future valueformula for a perpetuityentry for bad debtsexamples of production overheadsreversal of accrued expensesadjusting entries for depreciationdepreciation and amortization on income statementcalculate mark up percentageaccruing expensespv tables annuitydisbursement voucher templatebeginning inventory purchasesbookkeeping sampleissuing preferred stockdefinition of sundry expensescalculate annuity duedupont ratio analysis examplehow to calculate gearing ratio from balance sheetaccounting rate of return methodcalculate accounts receivable turnover ratioaccounting for manufacturing overheaddebenture interest in income statementflat to effective interest rate calculatorjournal voucher definitionaccounting and bookkeeping pdfdefine amortization in accountingcost of merchandise sold definitionnormal balance of accounts receivablepresent value of growing annuitycash float sheet templateincome statement and balance sheet templatemarkup formulasadvantages of payback periodpetty cash bookkeepingaccounting for damaged inventoryjournal entry for intangible assetswithholding tax accounting treatmentbookkeeping meaning and definitionstraight line depreciation no salvagegross profit margin formula excelannuity due formulacalculating stockholders equityefficiency ratio receivables turnoverwhat are the efficiency ratioszero based budgeting definitionaccounting accrual vs cashcorrecting entries in accountingdso calcaccounts payable control accounthow to do fifo perpetual inventoryformula of dividend payout ratiopayback period calculationamortised cost accountingtrade receivables debtorsbook scrappingproject payback calculatorin consignment sales the consigneeconsignment agent meaningintangibles on balance sheetweighted average cost inventory formulaaccounts receivable collection period formulaa discount on bonds payablewhat is imprest system of petty cashfreight fob destinationperpetual and periodic inventory systems examplesdiscounted note payableequivalent units weighted average methodno coupon bond6 column worksheet accountingdouble column cash book examplepercentage of sales method bad debtdouble entry bookkeeping systemwhat does cogs meanactivity ratios measurecumulative redeemable preferred stock