Employees earned a total of $10,000 in January. Taxes of $2,000 were withheld from employee checks. Employer

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Employees earned a total of $10,000 in January. Taxes of $2,000 were withheld from employee checks. Employer payroll taxes totaled $1,000 for the month. Salaries expense for January would be reported at:

Group of choices

$8,000

$10,000

$11,000

$12,000

$13,000

Related Book For answer-question

Fundamentals of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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Posted Date: Oct 17, 2020 02:00 PM

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Employees earned a total of $10,000 in January. Taxes of $2,000 were withheld from employee checks. Employer

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Explanation When salaries are earned by employees following journal e... View the full answer

Fundamentals of Taxation 2018

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