For each of the six items listed below, indicate which of these three descriptions applies a Total of gross paycomes from distribution of expense accounts b A deduction c Net pay 1 Salaries Payable 2 Parking Payable 3 EI Payable 4 Provincial Income Tax Payable 5 Pension Payable 6 Salaries Expense ...

1 c Net pay 2 b A deduction 3 ...

For each of the six items listed below, indicate which of these three descriptions applies: a. Total

Question:

For each of the six items listed below, indicate which of these three descriptions applies:
a. Total of gross pay—comes from of expense accounts
b. A deduction
c. Net pay
1. Salaries Payable
2. Parking Payable
3. EI Payable
4. Provincial Income Tax Payable
5. Pension Payable
6. Salaries Expense
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...