Control Acts- Wages & Salaries Control Account HELP

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi Hope someone can help on the wages control account, i dont think you would expect to see a balance brought forward, is that correct.<BR><BR>I really hope it is, but for some reason i am finding it hard detailing of why this is the case, i dont think you should really expect to see any balances forward on the control accounts.<BR><BR>

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Control Acts- Wages & Salaries Control Account HELP

    Hi, I agree. You would show a liability that the wages were due, but when you paid them it would 'cancel out'.<BR><BR>Hope this makes sense.<BR><BR>Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Control Acts- Wages & Salaries Control Account HELP

    Thankyou for replying. Zoe

Categories

Privacy Policy