List three expense accounts related to payroll

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Reference no: EM132816681 , Length: Word count:- 300

Expenses are costs incurred by an organization in the process of earning revenue during a given time period. Expense accounts have a direct impact on the profitability of an organization.

Porblem 1: List three expense accounts related to payroll. Describe when you would expect the account to be cleared to zero. Explain the methods you could use to reconcile these accounts.

  • Around 250-300 word

Reference no: EM132816681

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