1 the total amount of money that a company pays to its employees. 2  a company's records of its employees' salaries and wages, bonuses, and withheld taxes. 3  the company's department that calculates and pays these. the total amount of money that a company pays to its employees. 2  a company's records of its employees' salaries and wages, bonuses, and withheld taxes. 3  the company's department that calculates and pays these.
Closing entries are needed to clear out your revenue and expense accounts as you start the beginning of a new accounting period. Preparing your closing entries is a very simple, mechanical process. Follow these steps: 1  Close the revenue accounts. 2  Prepare one journal entry that debits all the revenue accounts.
2. Write an outline. An outline for the closing argument will serve as a script, or a guide to follow while speaking to the jury. This will help you feel more organized, and will minimize the risk of forgetting key facts. Bring up your theory at the beginning of your closing argument. 2  Try to bring it up during the first 30 seconds of your argument to focus the jury's attention on the theory. 3  Then continue to reference the theory throughout the rest of the argument.