In the adjusting entry to accrue wages at the end of the accounting period, there is no need to credit any tax withholding accounts.

Name: In the adjusting entry to accrue wages at the end of the accounting period, there is no need to credit any tax withholding accounts.
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Quizplus · Accepted Answer

Accruing wages only involves recording the amount owed to employees, not the taxes withheld. Tax withholding accounts would be credited when recording actual tax payments, not when accruing wages.

In the Adjusting Entry to Accrue Wages at the End