Accessibility tab summary: Information about North Company's A B C D E F ...

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Accounting

Accessibility tab summary: Information about North Company's
A
B
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D
E
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On January 15, the end of the first pay period of the year, North Company's employees earned $35,000 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%,$6,500 of federal income taxes, $772.50 of medical insurance deductions, and $120 of union dues. No employee earned more than $7,000 in this first period. (Click on the Chart of Accounts Tab below.)
\table[[Salaries,$35,000.00
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