Employee payroll deductions become

Question

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Employee payroll deductions are amounts withheld from an employee's salary for taxes, benefits, and other purposes. These amounts are owed to third parties (like tax authorities or insurance companies) and are recorded as liabilities on the company's balance sheet until they are paid out. They do not directly represent expenses to the company (like wages or salaries do), nor are they classified as employee benefits expense or paid-time off liabilities.

Employee Payroll Deductions Become