Employees are paid 80,0000 in gross pay this week. Federal income Tax withholding is 16,000. FICA Tax Withholding is 6,120. union dues withholding is 800.00. assuming these are the only deductions from pay , what is the transaction for this week's payroll the debit and credits

Answer rating: 100% (QA)

The transaction for this weeks payroll can be recorded as follows 1 Debit Wages Ex... View the full answer