The payroll register includes sections for recording:
A) gross pay, deductions, and net pay.
B) assets, liabilities, equity, revenues, and expenses.
C) employee home address and phone number.
D) accrued expenses, unearned revenues, and net pay.

Question

Quizplus · Accepted Answer

The payroll register is specifically designed to record an employee's gross pay, the deductions from that pay, and the resulting net pay. This document does not typically include sections for recording assets, liabilities, equity, revenues, and expenses (which are components of financial statements), employee personal contact information, or accounting terms like accrued expenses and unearned revenues.

The Payroll Register Includes Sections for Recording