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What Is Bridging

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What is bridging?


Definitions:

Salaries Payable

An account that represents the amounts owed but not yet paid to employees for services rendered.

Payroll Register

A comprehensive record detailing the amounts paid to employees for services rendered during a specific period.

Net Pay

The actual amount of money an employee takes home after deductions such as taxes and retirement contributions are subtracted from the gross income.

Employee's Earnings Record

A detailed record maintained by employers showing each employee's total earnings, deductions, and net pay over a specific period.

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