Under the accrual method of accounting, the account Salaries Expense: Selling & Admin Dept reports the salaries that the employees in the selling and administrative department of the company have earned during the period indicated in the heading of the income statement, whether or not the company has paid the employees during this time period.
Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials
Read all 2,866 reviewsFeatures
PRO
PRO Plus
For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.
Read 2,866 Testimonials
