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Other Fields Homework Help Accounting Topic started by: barry on Nov 3, 2014



Title: What is the purpose of a general ledger payroll clearing account?
Post by: barry on Nov 3, 2014
What is the purpose of a general ledger payroll clearing account?
A) to check the accuracy and completeness of payroll recording and its allocation to cost centers
B) to make the bank reconciliation easier
C) to make sure that all employees are paid correctly each week
D) to prevent the cashier from having complete control of the payroll cycle


Title: Re: What is the purpose of a general ledger payroll clearing account?
Post by: newstart on Nov 5, 2014
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