Question

26 ) wages of august and sept are Rs. 12000, and Rs. 15000, respectively.
Time lag is 1/3 month. calculate amount to be paid in September.

Rs 4000
Rs 13000
Rs 14000


None of the above ઉપરમાંથી એક પણ નહિ)​

Answer 1

Answer:

sorry i dont understand the question

Answer 2

Answer:

None of the above

Explanation:

12000 + 15000

= 27000 ÷1/3

= 27000 ÷ 13

= 2076.9

SO, 20769 SHOULD BE THE AMOUNT.

Wages:

• costs are accounted for as a variable cost on the income statement. The accrual method of accounting records salary costs when the task was completed rather than when the employee is paid. Wage expenditures are only recognized under cash accounting once the employee has been paid.
• Subtract the earnings, salaries, and payroll taxes you paid to the employer. Your expenditures will go up as a result for the time being. Typically, you credit all liability accounts while recording payroll while debiting Gross Wage Expense.
• Indirect costs are often defined as salaries given to managers or individuals who are not directly involved in the manufacturing process.

Therefore, the wages account is categorized as a nominal account.