How do payroll-related expenses affect financial statements? A. Payroll expenses reduce th net income of a company.
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How do payroll-related expenses affect financial statements?
A. Payroll expenses reduce th net income of a company.
B. The perlod’s gross earnings are reported on the income Statement
C. Payroll expense accouts reported on the Balance Sheet.
D. Payroll expenses may be alIocable to work performed for a firm’s customers.
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Related Book For
Payroll Accounting 2017
ISBN: 978-1259572180
3rd edition
Authors: Jeanette Landin, Paulette Schirmer
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