? General Journal 2. Record the journal entry for the payroll, crediting Cash for the net pay.

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General Journal 2. Record the journal entry for the payroll, crediting Cash for the net pay. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank. Page: DOC. POST. NO. REF. DATE ACCOUNT TITLE DEBIT CREDIT 1 20- Dec. 31 Wages and salaries expense 2 Employee federal income tax payable Social Security tax payable y Medicare tax payable v United Way contributions payable v Cash 3 4 5. 16. Payroll for week ended December 31 7. 0D00 General Journal 2. Record the journal entry for the payroll, crediting Cash for the net pay. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank. Page: DOC. POST. NO. REF. DATE ACCOUNT TITLE DEBIT CREDIT 1 20- Dec. 31 Wages and salaries expense 2 Employee federal income tax payable Social Security tax payable y Medicare tax payable v United Way contributions payable v Cash 3 4 5. 16. Payroll for week ended December 31 7. 0D00

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Answer 1 As per the year 2020 Social Security tax rate ... View the full answer