Answer
Payroll Journal Entry
Explanation
A payroll entry is used to record the compensations paid to employees by the company. Payroll journal entries can be initial recordation, accrued wages or manual payments. This entry is prepared from the payroll register and it includes debits for labor, salaries and the firm’s fraction of payroll taxes.
Answer:
<u>True.</u>
Explanation:
These assumptions are true, as a claim can be described as a request for correction or compensation of errors.
Therefore, when writing a claim, it is necessary to focus on adopting a respectful communication with the recipient, who in the workplace will probably be someone that you establish a type of professional relationship, so it is ideal to maintain an ethical and direct posture, exposing all facts of your claim in a logical and non-emotional way, providing the necessary justifications for the claim, which should focus on action and resolution.
Answer:
<em>An increase in income taxes reduces disposable personal income and thus reduces consumption (but by less than the change in disposable personal income).</em>
Hope it helps!
Answer:
B) increase the book balance
Explanation:
Provided that total actual payment = $658
Recorded value of this transaction in cash book for payment = $856
Difference of amount that is wrongly recorded = $856 - $658 = $198
That means as per cash book the balance is less by this amount as it relates to payments.
For this the balance in cash book for cash receipts is to be increased.
No adjustment can be made in bank statement it is system generated, and the wrong amount is also entered in cash account, that is cash book.
Therefore, correct option is
B) increase the book balance
