Expenses are costs incurred by an organization in the process of earning revenue during a given time period. Expense accounts have a direct impact on the profitability of an organization.

List three expense accounts related to payroll. Describe when you would expect the account to be cleared to zero. Explain the methods you could use to reconcile these accounts.

Please provide a complete and well thought out response to each discussion question. To receive full grades, you must post your response and respond to at least one other student's discussion question.

You must start a thread before you can read and reply to other threads