Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other ...

If your small business used a mortgage for a home purchase, a journal entry affects the property, mortgage payable and cash accounts. If you paid all cash for a home, a journal entry affects the ...

The payroll liabilities account in your general ledger is a holding place for payments due in the near future but not yet issued. One example of these expenses is your payroll taxes. If you file ...