After posting the entries to record salary expenses and payroll expenses, Alpha Company's Employment Insurance Payable account has a $9,000 credit balance. This means that the payroll tax expense of Alpha Company included a $9,000 expense resulting from Employment Insurance.

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The $9,000 credit balance in the Employment Insurance Payable account represents the amount Alpha Company owes for employment insurance, not an expense that has already been recorded. This liability indicates future payments to be made, not an expense that has been recognized in the period.

After Posting the Entries to Record Salary Expenses and Payroll