CompensationCompensation
Your years salary is called your gross salary
It's neither assets nor liability if a salary is already paid, it's called expense. But a salary before the payment would be called liability and after the payment it is going to be called an expense
annual salary means yearly salary. It is also called P.A. which means per annum.
If a person is bumped up to the next salary notch, they are given a raise in pay. A salary notch is a level of pay.
compensation
It is your salary or your wages.
The President's salary is called compensation.
Money taken out of a salary for such things as taxes, insurance, and retirement funds are called deductions.
Salary is not an expense. -Please re-write so it makes a logical query.
It is a Gross salary which have no any deduction such as EOBI,PF,and medical. when it deduction from gross salary is called net salry. Regards,umar shahzad Gujjar M.COM
Wages or a salary.