Double-entry bookkeeping 2: books of prime entry, accounting systems
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The gross wages and salaries expense is credited to the wages control account.
True
correct
incorrect
False
correct
incorrect
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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.
True
correct
incorrect
False
correct
incorrect
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Debit wages and salaries expense, credit cash is the double entry to record the payment of wages and salaries to employees.
True
correct
incorrect
False
correct
incorrect
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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.
True
correct
incorrect
False
correct
incorrect
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not completed
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The double entry to record employer's national insurance contributions is debit wages control account, credit PAYE and NIC control account
True
correct
incorrect
False
correct
incorrect
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