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13 November, 14:06

Salaries and wages are an example of this operating expense.

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  1. 13 November, 15:54
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    Salaries and wages are an example of Payroll Expenses.

    Different companies will use different terms to categorize the cost of labor in their accounting system. Normally, they will have an account that has all of their labor expense posted to it that they would call Payroll Expense. A secondary choice would be Salary Expense.
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