Question
You mentioned that payday for crew wages through year end was this week. Did you accrue the wages related to that pay period as of
You mentioned that payday for crew wages through year end was this week. Did you accrue the wages related to that pay period as of year-end? Can you tell us how much was paid this week for December wages? Also, when is payday for the salaried employees and officers? I recorded the wages paid during the year and the payments made this week will be recorded in my 20x2 financials, of course. The wages that were paid this week were for the two weeks ending January 2 and included some overtime for the last week in December due to below freezing temperatures. The total paid this week for the wages earned in December was $12,002 for the crew workers and $3,967 for the shop workers. I can show you the time cards if needed. Salaried employees and officers get paid on the last day of the month.
9. You mentioned that payday for crew wages through year end was this week. Did you accrue the wages related to that pay period as of year-end? Can you tell us how much was paid this week for December wages? Also, when is payday for the salaried employees and officers?
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