Question: Saved Help Save & Exit Check my On January 15, the end of the first biweekly pay period of the year, North Company's payroll register
Saved Help Save & Exit Check my On January 15, the end of the first biweekly pay period of the year, North Company's payroll register showed that its employees earned $32,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $2,500 of federal income taxes, $867 of medical insurance deductions, and SSO of union dues. No employee earned more than $7,000 in this first period Prepare the journal entry to record North Company's January 15 (employee) payroll expenses and lablites. View transaction list Journal entry worksheet Record the employee payroll for period. Note: Enter debits before credits. DebitCredit Date General Journal Jan 15 Prev 1 of Next>
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