The journal entry to record the payroll for a period will include a credit to Salaries and Wages Payable for the gross

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The entry to record payroll for a period includes a credit to Salaries and Wages Payable for the gross pay less all payroll deductions. This is because the company owes its employees the gross pay, but also must withhold certain amounts for taxes, benefits, and other deductions before paying out the net amount to the employees. Therefore, the credit to Salaries and Wages Payable reflects the total amount owed to employees for that period.

The Journal Entry to Record the Payroll for a Period