Examlex
This figure represents an example of a(n)
Payroll Taxes Expense
Taxes that an employer incurs based on the wages and salaries of employees, including social security, medicare, and unemployment taxes.
Accrue Payroll
To accrue payroll means to record expenses and liabilities for salaries and wages incurred by an organization during an accounting period, but not yet paid.
Warranty Costs
Expenses incurred by a company to repair, replace, or refund products that are found to be defective within a warranty period.
Two-Year Warranty
A guarantee provided by a seller or manufacturer to repair or replace defective goods for two years after purchase.
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