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The Complete Idiot's Guide® To Accounting by Lita Epstein, Shellie L. Moore

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Posting to the General Ledger

After you verify that all the payroll-related accounts are accurate and reflect the expenses for the month, you would close these accounts and post a summary entry to the general ledger. Most companies do not post payroll details to the general ledger, but instead use a sub-ledger, the payroll ledger, to track that detail.
In addition to the payroll ledger, the company also has an individual ledger card and file on each employee as we discussed in Chapter 15. When you close the books at the end of the month, you will verify that the information in the payroll ledger matches the total in the individual ledgers. The process would be similar to totaling vendor accounts to verify the balance in Accounts Payable, or ...

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