What is the journal entry to record accrued payroll?
Content Employee Transaction / List How to record adjusting payroll entries? Related to Accrued Salaries Get QuickBooks Health Insurance, Payroll Taxes (FICA), and Retirement Contributions How to Record Payroll Health Insurance Premium Payments in Accounting Accelerating deductions with payroll tax accruals Payroll taxes must be recorded if you want to keep up with IRS regulations. On the other hand, the following entry is posted when an employee is paid for the accrued wages. There are many ways to determine how much a payroll expense accrual should amount to, but the […]
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