Accounting MascotAccounting Q&A

What is the meaning of wages and salaries?
submitted by Markwell

muhammad asad bilal

salary is an amount paid to a person for rendering his services.
wages is paid to labour for the responce of their work.

Arnold

Amounts paid to employees. They "mean" you have employees.

Neha

Wages paid on a daily basis and salaries paid to employees on a monthly basis.

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