On November 30, the payroll register of Webster & Smith indicated the following information: Wages and Salaries

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On November 30, the payroll register of Webster & Smith indicated the following information:

Wages and Salaries Expense $9,400.00

Employee Income Tax Payable 985.00

United Way Contributions Payable 200.00

Earnings subject to Social Security tax 9,400.00

Determine the amount of Social Security and Medicare taxes to be withheld and record the journal entry for the payroll, crediting Cash for the net pay.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 20, 2011 10:24 AM

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On November 30, the payroll register of Webster & Smith indicated the following information: Wages and Salaries

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Social Security tax 9400 0062 58280 DATE GENERAL JOURNAL DESCRIPTION 20 ...View the full answer

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