Question

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

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

a)true

b)false

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Answer #1

Solution. The correct answer is a)true

Explanation: Under payroll register, amounts accrued to employees in form of salaries and wages expense payable represents current period earnings of employees and recorded in balance sheet of the organization.  Payroll register records all the activities of the employees and their payroll during an accounting period.

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