Two Complete Payroll-Related General Journal Entries are recorded each pay period: one for the employees' payroll,one for the employer's share of the taxes.

Question

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This is true. Two separate journal entries are typically recorded each pay period for payroll transactions, one for the employees' payroll and another for the employer's share of taxes such as Social Security, Medicare, and unemployment taxes.

Two Complete Payroll-Related General Journal Entries Are Recorded Each Pay