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What Is Wage Payment In Accounting? [Solved]

Definition: Wages payable is a current liability account that records the amount of wages that are owed to employees for work that was performed by the employees in prior periods. In other words, wages payable is the amount of wages that employee hasn’t paid the employees for their work.

Wage payment system: Cost Accounting Series

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Piece Rate and Time Rate Wage System || Accounting For Labor || Class 12 || Accountancy ||New Course

Video Presenter : Ganesh Tamang In this video, we have covered the chapter titled, “

Wage Payment System - Meaning, Characteristics, Principles, 3 Methods

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