To ensure net pay is correct and taxes are deposited timely, which items need to be reconciled?

Comprehensive and Detailed Explanation:

Payroll reconciliation ensures that payroll transactions match financial records to avoid errors in tax

deposits, employee payments, and financial reporting.

The correct answer includes all necessary reconciliation points:

Accounts payable payments (ensure wages were paid)

End-of-the-month balances (cross-check payroll liabilities)

General ledger entries (confirm correct postings)

Payroll register (check against wage statements)

Option A is incorrect because payroll must also be reconciled with accounts payable and monthly

balances.

Option B & C are incorrect because they exclude payroll register validation.

Reference:

Payroll.org – Payroll Reconciliation Best Practices

IRS – Employer's Tax Guide (Publication 15)