We hope this article has given you an insight into getting started with an unadjusted trial balance in accounting. If totals are not equal, it means that an error was made in the recording and/or posting process and should be investigated. It shows a list of all accounts and their balances, either under the debit […]

When the total debits and total credits are not equal, it is a clear indication that a mistake has been committed in the journalizing and/or posting process. As you can see, all the accounts are listed with their account numbers with corresponding balances. In accordance with double entry accounting, both of the debit and credit columns […]

Alternatively, if the company only creates financial statements once a quarter, you would print the unadjusted trial balance on a quarterly basis. Transferring information from T-accounts to the trial balance requires consideration of the final balance in each account. If the final balance in the ledger account (T-account) is a debit balance, you will record […]

We hope this article has given you an insight into getting started with an unadjusted trial balance in accounting. If totals are not equal, it means that an error was made in the recording and/or posting process and should be investigated. It shows a list of all accounts and their balances, either under the debit […]

The additional half-time must be computed based on the regular rate of pay. The regular rate is defined as the total remuneration divided by the total hours worked. The assistant earned a total of $408 for the 48 hours that she worked ($8 an hour times 24 hours plus $9 an hour times 24 hours). […]

This is your gross overtime wages for the number of hours entered above, multiplied by the number of payroll periods in the year. If no hours were entered in the top section of the calculator the field will return N/A (not applicable). Don’t forget that this is the minimum figure, as laid down by law.An […]

“It’s always like an ordeal … (having) to dance around the people giving you the plates,” he said. “So plates of 10 is good. It’ll allow me to just do a better rhythm.” Another rule in place at the request of Kobayashi how much is over time pay prohibits the separation of the hot dog […]

You can find the full list of exempt duties on the Department of Labor’s website. However, beware that excessive overtime can cause burnout, safety issues, and possibly lower production for some employees if they are overworked. It’s important to only work the amount of overtime that you are comfortable with. Who is entitled to overtime? […]