What are payroll related liabilities in following picture

Q: Briefly explain off-balance-sheet assets and off-balance-sheet liabilities with an appropriate…

A: Off-balance-sheet items seem to be those items that do not show up on a company's balance sheet.…

Q: What is meant by contingent Liability? How is it shown in final accounts?

A: Liabilities: The claims creditors have over assets or resources of a company are referred to as…

Q: Define liabilities

A: Accounting:   Accounting is the process of recording the financial transaction of the organization…

Q: Explain the characteristics of  liabilities.

A: Liabilities:   It refers to the debts owed by the business for outside entities as a result of…

Q: Describe the costs and the basic accounting activities relating to payrolls?

A: Finance bookkeeping is basically the estimation, the executives, recording, and examination of…

Q: Explain Labor and Material Payment Bonds and Completion Bonds?

A: Bonds are defined as units of corporate debts which are issued by the companies & are…

Q: Describe Payroll-Related Liabilities.

A: Payroll liabilities are basically any amount that the entity owes to its employees or tax…

Q: Explain the accounting for long-term notes payable.

A: Notes payable: Notes payable is a written promise to make payment for specific sum at a certain…

Q: Discuss in brief the types of collateralized debt Obligation. Please explain in details.

A: Solution-  Collateral Debt Obligation [CDO] is a sophisticated project financing outcome that's also…

Q: What’s mean change in payroll rate

A: Payroll taxes are the taxes that imposed on employers and employees. Payroll taxes have calculated…

Q: Describe the cost and basic accounting activities related to payroll ?

A: Payroll accounting is just recording the payroll expenses of a business into the final ledger.

Q: Which duties should be separated in the payroll cycle?

A: Payroll System:   A payroll system is a system within an organization that is responsible for…

Q: Can you please describe contingent liabilities and how to account for and/or report

A: Contingent liabilities are defined as liabilities that occur in the future. These liabilities are…

Q: What is the structure of Collateralized debt obligation. Please explain in details

A: A collateralized debt obligation also known as CDO is a complex structured credit product which is…

Q: total deductions on payroll register

A: Deductions are subtracted from total earned pay.

Q: When do businesses record warranty expense, and why?

A: Warranty:  It is an agreement made by the company to provide guarantee against the defects in the…

Q: gent liab

A: Contingent Liability A contingent liability is an obligation that may arise as a result of the…

Q: When do businesses record warranty expenses, and why?

A: Warranty: It is an agreement made by the company to provide guarantee against the defects in the…

Q: Is deferred liabilities are payroll related liability?

A: A conceded charge responsibility is a duty that is evaluated or is expected for the current time…