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What is not a form of counterbalancing?
Payroll System
A system used by companies to organize, calculate, and process payments to employees for their services.
Payroll Tax Expense
Payroll Tax Expense represents the taxes that an employer is liable to pay based on the wages and salaries of employees, including social security, Medicare, and unemployment taxes.
Employer's Payroll Taxes
Taxes that employers are responsible for paying on behalf of their employees, including Social Security, Medicare, and unemployment taxes.
Payroll Register
A detailed document that records the earnings, deductions, and net pay for all employees for each pay period.
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