Double-entry bookkeeping 2: books of prime entry, accounting systems

Quiz Content

not completed
. The gross wages and salaries expense is credited to the wages control account.

not completed
. Deductions for PAYE and NIC from employees' wages and salaries are debited to the wages and salaries expense account and credited to the PAYE and NIC control account.

not completed
. Debit wages and salaries expense, credit cash is the double entry to record the payment of wages and salaries to employees.

not completed
. The wages and salaries expense is created when the liability to pay wages and salaries to employees is recognised not when cash is paid to employees.

not completed
. The double entry to record employer's national insurance contributions is debit wages control account, credit PAYE and NIC control account