Devin's Animal Shop has the following information for the pay period of March 15 to March 31:

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Gross payroll $20,000

FICA tax rate 7.65%

Federal income tax withheld 15%

Required:

Prepare the journal entry to record the accrued payroll on March 31 and the journal entry to remit the payroll taxes to the government on April 15. Omit explanations. Do not record employer payroll taxes.

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Related Book For answer-question

Operations Management

ISBN: 978-0470325049

4th edition

Authors: R. Dan Reid, Nada R. Sanders

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Posted Date: Feb 15, 2022 03:25 AM

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Devin's Animal Shop has the following information for the pay period of March 15 to March 31:

Question:

Expert Answer:

Mar 31 Salaries expense 20000 Fica taxes ... View the full answer

Operations Management

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