Using the employer payroll entry from P7-4A, post the employees share of the Social Security and Medicare

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Using the employer payroll entry from P7-4A, post the employees’ share of the Social Security and Medicare taxes along with the employer’s share of payroll taxes for September 9 pay at White Mountain Assessments to the appropriate General Ledger accounts.

Account: Social Security Tax Payable

Account: Medicare Tax Payable

Account: Federal Unemployment Tax Payable

Account: State Unemployment Tax Payable

Account: Payroll Taxes Expense

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Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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