When using a payroll register,Salaries and Wages Expense equals the current period earnings of employees.

Question

Quizplus · Accepted Answer

The payroll register is used to record and track employee payroll data such as hours worked, gross pay, deductions, and net pay. The total of the current period earnings of employees recorded in the payroll register will be reflected in the Salaries and Wages Expense account on the income statement. Therefore, Salaries and Wages Expense equals the current period earnings of employees.

When Using a Payroll Register,Salaries and Wages Expense Equals the Current