You work as a cashier for a service business. Some days you are short of cash at the end of the day, and some days you have more cash than the cash register tape says was earned. You are embarrassed when your cash is short and don’t want the owner to know, so you use your own money to make up the difference. On days when you are over, you keep the difference to help pay back what you paid to cover your shortages. What do you think of this practice? Explain.
Answer to relevant QuestionsDescribe how a special payroll bank account is useful in paying the wages and salaries of employees. For the week ended September 7, the totals of the payroll register for Benton, Inc., are presented at the top of the next page. The regular and overtime earnings are correct. List six errors that exist. None of the employees ...Alpine Company pays its employees time- and- a- half for hours worked in excess of 40 per week. The information available from time cards and employees’ individual earnings records for the pay period ended October 14 is ...Attracting and retaining the best employees is crucial to operating a business. Employees will join a company based on opportunities for advancement, training, company culture, and salary and benefits provided. One business ...Explain the advantage of establishing a tax calendar.
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