View Full Version : Payroll expense for hiring employees
rangelav
Jan 12, 2011, 02:50 PM
"I work for two corporations A & B. Company B has no employees; gets contracts and hires employees from company A to do the work. Company A invoices company B for labor and materials. Because the employees belong to company A, company A performs the weekly payroll for those employees. When company B pays company A How is the payroll expense recorded? "
JudyKayTee
Jan 12, 2011, 02:57 PM
Why is your question in quotes? Is this homework?
rangelav
Jan 12, 2011, 03:51 PM
Yes. I had the question typed up in word and wanted to separate it from the rest of questions.
JudyKayTee
Jan 12, 2011, 06:17 PM
Sorry but we don't do homework.
Post your answer and someone will come along to correct it or give you some additional thoughts.
Thanks for your honesty -