Payroll register:
Payroll register is the report which includes several information related to payroll like, the employee’s name, employee number, employee’s social security number, gross pay, tax withholdings, payroll deductions, net pay, employer contribution towards social security, regular or overtime hours worked and overtime pay.
When a periodic payroll is run, the accountant uses the preliminary version of payroll register to ensure that payments have been processed correctly. In case of errors, the payroll is run again to examine for further errors. A manager reviews and approves the final payroll register before the final payments are made to employees.
To determine:
The ways a business might use a payroll register
Want to see the full answer?
Check out a sample textbook solutionChapter 11 Solutions
Horngren's Accounting (11th Edition)
- I need answers general Accountingarrow_forwardThe following information is taken from Aden Company's records: Product Group Units Cost/Unit Market/Unit A 1 600 $ 1.00 $ 0.80 B 1 250 1.50 1.55 C 2 150 5.00 5.25 D 2 100 6.50 6.40 E 3 80 25.00 24.60 What is the correct inventory value if the company applies the lower of cost or market to the inventory as a whole? When required, round your answers to the nearest cent. Total inventory value $arrow_forwardI don't need ai answer general accounting questionarrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education