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Answer the following questions: Why is it important to perform payroll reconciliation? What is the purpose of a payroll register? What entries should be made
- Answer the following questions:
- Why is it important to perform payroll reconciliation?
- What is the purpose of a payroll register?
- What entries should be made to a general ledger and a payroll journal?
- As part of the reconciliation process, what checks and verifications should be made to ensure all pays are correct?
- What is an employee earnings record and why is it important to maintain one?
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