Wage Expense

Business, Legal & Accounting Glossary

Definition: Wage Expense

Wage Expense

Full Definition of Wage Expense

An accounting entry on an income statement that reflects the total amount of compensation earned by employees for the reporting period. When using the accrual method of accounting, wage expense is reported as earned, not as paid.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Wage Expense. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 09, 2023 https://payrollheaven.com/define/wage-expense/.
Chicago Manual of Style (CMS):
Wage Expense. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/wage-expense/ (accessed: February 09, 2023).
American Psychological Association (APA):
Wage Expense. PayrollHeaven.com. Retrieved February 09, 2023
, from PayrollHeaven.com website: https://payrollheaven.com/define/wage-expense/

Definition Sources

Definitions for Wage Expense are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.