Unpaid salaries are salary liabilities that you have incurred but have not paid. You must record all accrued salaries, employment taxes and related compensation expenses in the same period in which ...

As a small business owner, when you make a financial transaction, you record it as an entry in the company's accounting journal. An accrued expense is one that the company has been incurring but has ...

Accrued Expense: is an expense that has been incurred or recognized on the books but not yet billed and paid. Accountants record accrued expenses on the period during which it is incurred, not when it ...

How do contracts and the salary cap work in the NFL? Jack Duffin takes a look, with a particular focus on how Andrew Berry and the Cleveland Browns operate. At the end of each week, I am going to ...

Learn how unpaid salaries impact working capital while paid salaries do not. Understand the financial dynamics between current liabilities and employee payments.

Luzerne County paid former warden Gene Fischi more than $20,000 in unused sick, vacation and personal leave time as a parting gift in January, payroll records show. The county’s personnel policy ...

Dallas Stars right wing Evgenii Dadonov (63) talks on the bench with center Wyatt Johnston (53) during the first period of an NHL hockey game against the Vancouver Canucks at the American Airlines ...

A. Accrued vacation time must be paid upon termination of employment. A “use-it-or-lose-it” vacation policy in California is illegal. An employer can put a cap on accruing additional vacation until ...