Statements regarding employers treatment of salaries-wages


Problem: Which of the following statements is correct regarding employers treatment of salaries and wages? Employers using the cash method of accounting must deduct salaries and wages in the year the employees earn the Employers must deduct the compensation the same year that the employees include the amounts in gross income re method When the employer and the employee are related parties, both parties must use the accrual method to recognize the Employers using the accrual method of accounting must deduct salaries and wages in the year the employees earn the

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Accounting Basics: Statements regarding employers treatment of salaries-wages
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