Subsidiary Books
3 important questions on Subsidiary Books
What is the different between wages and salaries?
Wages are usually paid weekly and salaries are given every month.
Write the entires to be posted in the ledger from the wages book.
Debit- any expense that is being incurred by the employer
Credit- payments to be made by the employer, including those to be made on behalf of the employee.
Credit- payments to be made by the employer, including those to be made on behalf of the employee.
How is the posting of the journal book like?
It looks like the tradional way of displaying journal entries.
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
