Question

Salaries and wages where appears in profit and loss account

Answer 1

Salraies and wages are entered in profit and loss account while wages and salaries ate entered in trading account

Answer 2

Salaries and wages of the current accounting period are reported as expenses on a service company's current income statement. ... When the products are sold, their production costs (including the manufacturing salaries and wages) will appear on the income statement as part of the cost of goods sold.