Postings from the payroll register of the Alberta Company to its Factory Payroll Clearing account totaled $184,000
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Postings from the payroll register of the Alberta Company to its Factory Payroll Clearing account totaled $184,000 for the month of September. However, a summary of the time tickets for September showed that actual labor earnings for the month totaled $192,000, which was credited to Factory Payroll Clearing at the end of September. What does the $8,000 difference in these two figures represent?
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Related Book For
Cost Accounting Principles And Applications
ISBN: 9780028034287
6th Edition
Authors: Horace R. Brock, Linda Herrington
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