Payroll register is a payroll record that accumulates the gross earnings, deductions, and net pay by employee for each pay period.
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- Selling expenses
Selling expenses are those expenses which are associated with making sales. They include expenses for sales promotion and expenses of completing the sale...
- Budgeted Balance Sheet
The budgeted balance sheet is a projection of financial position at the end of the budget period. This budget is developed from the budgeted balance sheet...
A check is a written order signed by the depositor directing the bank to pay a specified sum of money to a designated recipient. There are three parties to a check:
- Indirect labor
Indirect labor refers to the work of factory employees that has no physical association with the finished product, or for which it is impractical to trace costs to the goods produced.
- Stock splits
A stock split, like a stock dividend, involves issuance of additional shares to stock holders according to their percentage ownership.
- Par value stock
Par value stock is capital stock to which the charter has assigned a value per share.
- Accounts receivable
Accounts receivable are amounts owed by customers on account. They result from the sale of goods and services. Companies generally expect...