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How to account for unpaid wages?

Payroll Accounting Accounts Payable Accounts Receivable Finance
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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2015/12/13
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by Deleted user

Treat as payable. Debit salaries and wages, credit wages payable or simmilar account.

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