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Payroll

FFatima9y ago
Is there anybody willing to explain me the wages control account? [email protected]
SKsajid karim shpoonki8y ago#1
Suppose we have a T account For WCA so we should write or post the following items into the debit (DR) side of WCA 1:Cash or Net Wages 2:Income Tax 3:Employer Contribution Liability- 4:Employee contribution Liability - 5:Employer Pension Fund Liability - 6:Employee pension fund liability- And other deductions # and the following items should be posted to the credit(@CR )side of WCA 1:staff costs 2:Gross wages 3:Employer Benifit ContribuTion + 4:Employer Pension ContribuTion + And other staff costs + If I m right ok If I m not th n please reply me
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