Take our payroll quiz questions and answers to check out your knowledge of payroll accounting used in double entry bookkeeping.
Unpaid wages are wages which have been earned by an employee during an accounting period but which remain unpaid at the end of the accounting period.
Under the accruals basis of accounting an adjusting entry needs to be made to provide for the unpaid wages based on the hours worked and the wage rate.
Payroll is the aggregate expenditure on wages and salaries incurred by a business in an accounting period. It can also refer to a listing of employees giving details of their pay.