Question
Which of the following does NOT happen to the general ledger accounts when ?you post a paycheque in Sage 56 The Accounts Payablejaccount is increased (credit) The bank account used to pay the employee is decreased (credit) I The payroll liability payable accounts are increased (gredit) The payroll expensil accountsiare increased (clobit)
Solution
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Answer
### A. The Accounts Payable account is increased (credit)
Explanation
## Step1: Analyze the Effects of Posting a Paycheque### When posting a paycheque, certain accounts in the general ledger are affected. Typically, the bank account is decreased (credited) because money is paid out. Payroll liability accounts are increased (credited) as they represent amounts owed. Payroll expense accounts are increased (debited) to reflect the cost incurred by the business.## Step2: Identify the Incorrect Statement### The Accounts Payable account is not typically involved when posting a paycheque. Accounts Payable is used for managing debts to suppliers, not payroll transactions.