Restaurant

Monthly Payroll (Gross Salaries)

Recording the total payroll expense for all restaurant staff at month-end.

Account NameTypeDebit ($)Credit ($)
Salaries & Wages ExpenseExpense (+)8,000.00-
Salaries PayableLiability (+)-8,000.00

💡 Accountant's Note

The gross payroll is expensed in the month it is earned. The net amount paid to staff, after deductions for SSC and income tax, is a separate entry when cash leaves the bank.

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