Aramco Company has salaries and wages expenses for the month of April $55,000. Aramco Company deducted $3,100
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Question:
Aramco Company has salaries and wages expenses for the month of April $55,000. Aramco Company deducted $3,100 income tax and $1,450 for health insurance and $2,505 for pension fund. `
Prepare the journal entry to record the salary and wages expenses assuming that company will pay the salary in 5th of each month.
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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