Question

Leabour pyament journal entry

Answer 1

Answer:

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Explanation:

Your employees complete time tickets as unfinished goods move through the different manufacturing departments. The time tickets are a log of the hours each direct labor employee worked on the production line. These wages are earned, but remain unpaid until the pay period ends. To calculate your direct labor payroll, you gather the time tickets from the manufacturing departments. You make a journal entry to record the gross pay amount and the withholdings for each employee.

Answer 2

Amount paid to labour

Explanation:

                             Books of (--- Limited)

                                 Journal Entry

Date         Account Title and Explanation    Debit Credit

               Wages                   A/c Dr.                 xxx

               To Cash / Bank      A/c                                  xxx

             (Being wages paid by cash or bank)

Explanation: The amount paid to labour is considered as wages.

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