Assuming that a payroll bank account is used, when the payroll is initially recorded, Salaries Payable is credited for total take-home pay.

Name: Assuming that a payroll bank account is used, when the payroll is initially recorded, Salaries Payable is credited for total take-home pay.
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When payroll is recorded, Salaries Payable is credited for the net pay (take-home pay) owed to employees, reflecting the liability to pay them.

Assuming That a Payroll Bank Account Is Used, When the Payroll