The Journal Entry to Record the Payroll for a Period

question 41

Multiple Choice

The journal entry to record the payroll for a period will include a credit to Salaries and Wages Payable for the gross

• A) pay less all payroll deductions.
• B) pay
• C) pay less taxes payable.
• D) pay less voluntary deductions.

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Definitions:

Ecosystems

Systems comprising both the living organisms and the non-living environment, interacting as a unit.

Restoring

the process of bringing something back to its original state by repairing or cleaning it.

Nonrenewable Resources

Resources that cannot be replenished at the same rate they are consumed, such as oil, coal, and natural gas.

Recycling

The process of converting waste materials into new products to prevent waste of potentially useful materials.