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guajiro [1.7K]
3 years ago
6

What can accountants do for businesses or individuals?

Business
1 answer:
Lerok [7]3 years ago
7 0

My mom actually has her accountant degree but she quit after a few years and got a different degree. any ways here you go!

An accountant can advise on business structure.

An accountant can issue invoices.

An accountant can record sales.

An accountant can manage and pay invoices from suppliers.

An accountant can manage payroll.

An accountant can keep you up to date with tax laws and changes.

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3 years ago
On January 9, a company pays $5,910 for salaries and wages of which $2,870 was reported as Salaries and Wages Payable on Decembe
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Answer: Please find answer in explanation column

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Journal entry to record payment of Salaries and wages

Dates                   Account title                      Debit               Credit

Jan 9     Salaries and Wages  Payable         $2,870  

       Salaries and Wages Expenses              $3,040

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Calculation

Salaries and wages Expense = Cash -Salaries and Wages  Payable

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True

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