The payroll register of Calpton Co. indicates $11,340 of social security withheld and $2,835 of Medicare tax
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The payroll register of Calpton Co. indicates $11,340 of social security withheld and $2,835 of Medicare tax withheld on total salaries of $189,000 for the period. Federal withholding for the period totaled $37,420. Provide the journal entry for the period’s payroll.
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In addition to the amount withheld from its employees for Social Security taxes the employer must co...View the full answer
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Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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