Payroll register is a payroll record that accumulates the gross earnings, deductions, and net pay by employee for each pay period.
More from this Section
- Limited liability companies (LLC)
A hybrid form of business organization with certain features like a corporation and others like a limited partnership is the limited liability Company...
- Straight-line method of amortization
Straight-line method of amortization is a method of amortizing bond discount or bond premium that results in allocating the same amount to interest expense in each interest period.
- Capital Expenditure
Capital Expenditure is expenditure which is incurred in purchasing new property which will help the production of goods and hence
- T account
T account is the basic form of an account. The T account is a standard shorthand in accounting, which helps make clear the effects of transactions on individual accounts.
- Post-closing trial balance
The post-closing trial balance is a list of permanent accounts and their balances after a company has journalized and posted of closing entries.
- Standard predetermined overhead rate
Standard predetermined overhead rate is an overhead rate determined by dividing budgeted overhead costs by an expected standard activity index.
- Learning and growth perspective
Learning and growth perspective is a viewpoint employed in the balanced scorecard to evaluate how well a company develops and retains its employees.