Company A's weekly gross payroll totals 200,000. In making thos payment, the following taxes must...
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Company A's weekly gross payroll totals 200,000. In making thos payment, the following taxes must be considered:social security: 6.2% medicare: 1.45% federal income tax witholding: 10% state income tax witholding: 5.0% FUI: 2.1% SUI: 1.1% please show the summary journal entry to record the payment of a payroll for one week
social security: 6.2%
medicare: 1.45%
federal income tax witholding: 10%
state income tax witholding: 5.0%
FUI: 2.1%
SUI: 1.1%
please show the summary journal entry to record the payment of a payroll for one week
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