Example of Answer: G3000D B2000D GG5000C Where each box represents a journal entry line. In first box, G denotes Cash account, 3000 is the amount, D stands for debit. In second box: B denotes Accounts Receivable account, 2000 is the amount, D stands for debit. And in third box: GG denotes Service Revenues, 5000 is the amount, and C stands for credit. The letters are in capital. Don't use dollar sign, decimal point, comma, or space in any place. If in an entry requires more than one debit or credit accounts, first enter debit accounts (in order of dollar amount - large amount to small amount), then the credit accounts (in order of dollar amount - large amount to small amount). Question: JP Company paid $40,000 for salaries and wages for the month. Applicable federal income tax rate is 20%, state income tax rate is 6%, FICA tax rate is 7.65%, Federal Unemployment Taxes 0.80%; State Unemployment Taxes 5.40%. Provide a composite journal entry to record this payroll payment. Question 1 lad points) by Ietter(s). imple of Answer: ere each box represents a journal entry line. In first box, G denotes Casn account, suvu is the unt, D stands for debit. In second box: B denotes Accounts Receivable account, 5000 is the amount