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At the End of the Financial Period, the Payroll Accountant

Question 8

Multiple Choice

At the end of the financial period, the payroll accountant records the ________ of the employee's pay that is earned but not yet paid; in the next financial period, this entry is ________.


A) Amount; deleted
B) Accrual; reversed
C) Total; carried forward
D) Reversal; accrued

Correct Answer:

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