328 – Bonuses Payable – Employees

Current Liabilities

Accrued Liabilities

Synopsis

Account 328

Debits

Credits

  1. Net amount of bonus payments made to employees, accrued in a prior period.

  2. Payroll deductions for taxes, etc.

  1. Monthly provision to equal year to date bonuses payable to employees.

 

Remarks:

The balance represents unpaid employee bonuses.

This account and Bonuses Payable – Owners (Account 329) are combined on the Subaru Dealer Financial Statement.

Note: