The total of the net amount paid to employees each payday is credited to either the cash account or the salaries payable account.

Name: The total of the net amount paid to employees each payday is credited to either the cash account or the salaries payable account.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true as the net amount paid to employees is either directly debited from the cash account or credited to the salaries payable account.

The Total of the Net Amount Paid to Employees Each