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Lernen beginnen

Frage		Antworten
larry, could you help me with these expense accounts? Lernen beginnen		sure, Vicki, what's up?
I need to know how to account for bonuses. Lernen beginnen		you mean the bonuses we pay to executives and sales people?
right. we don't pay them until the end of the year, so how do I know how much they will be? Lernen beginnen		well, you don't actually have to know. I can gave you estimates
How do you estimate them? Lernen beginnen		I use the amounts of last years bonuses as a guide
OK, that make sense but the amounts vary every year, right? Lernen beginnen		they do the estimates won't be exactly accurate but that's not a problem
so then how do I record them? Lernen beginnen		you need to record them in the accrued expenses payable account

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