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Payroll and Payroll Tax Expense on an Income Statement
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Recorded amount of Payroll on an Income Statement.
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Shoot I messed up my question. So I will ask again. Is the gross amount of payroll listed on the income statement? I am confused because that contains the employee withholding taxes and is paid by the employee and not the company. Please help. Thanks.
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Does the Income Summary Balance go to Income Statement
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