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 distribution of expense accounts

b. A deduction

c. Net pay

1. Office Salaries Expense and Wages Expense

2. CPP Payable 3. EI Payable

4. Federal Income Tax Payable

5. Medical Insurance Payable

6. Salaries and Wages Payable

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...

Fantastic news! We've Found the answer you've been seeking!