Current Attempt in Progress During the month of February, Concord Corporation's employees earned wages of...
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Accounting
Current Attempt in Progress During the month of February, Concord Corporation's employees earned wages of $94,000. Withholdings related to these wages were $7,191 for FICA, $18,460 for federal income tax; and $4,940 for state income tax. Costs incurred for unemployment taxes were $286 for federal and $416 for state. Prepare the February 28 journal entriesfor: (a) Salaries and wages expense and salaries and wages payable assuminat that all February woges will be paid in March. (b) The company's payroll tax expense. (this all debit entries before credit entries. Credit occount tities are automatically indented when the amount is entered. Do not indent manually. No. Date Account Titles and Explanation (a) Feb. 28 (b) Feb. 28 eTectbook and Media Assistance Used


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