Using the employee payroll entry from P7-1B, post the September 15 employee pay for Cosmic Comics to
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Using the employee payroll entry from P7-1B, post the September 15 employee pay for Cosmic Comics to the selected General Ledger accounts below:
In P7-1B
Tony Stanford owns Cosmic Comics in Greensboro, NC. For the weekly payroll dated September 15, 2017, complete the payroll register. Checkswill be issued on September 19, 2017. Use the wage bracket method in the federal tax table in Appendix C. Assume 5.8% state income tax. No employee has exceeded the Social Security wage base. Total, prove, and rule the entries.
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Related Book For
Payroll Accounting 2018
ISBN: 978-1259742514
4th edition
Authors: Jeanette Landin, Paulette Schirmer
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