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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535 تمرين 6
Payroll entries
The payroll register for D. Salah Company for the week ended May 18 indicated the following:
The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.8%, respectively, on $50,000 of salaries.
A. Journalize the entry to record the payroll for the week of May 18.
B. Journalize the entry to record the payroll tax expense incurred for the week of May 18.
The payroll register for D. Salah Company for the week ended May 18 indicated the following:
The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.8%, respectively, on $50,000 of salaries.
A. Journalize the entry to record the payroll for the week of May 18.
B. Journalize the entry to record the payroll tax expense incurred for the week of May 18.
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Payroll: It is generally seen that compa...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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