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  3. sabrina international pays its employees $1,000,00

Sabrina International pays its employees $1,000,000. DEBIT Social Security Tax Payable $124,000 CREDIT Cash $1,000,000...

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Accounting

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Sabrina International pays its employees $1,000,000. DEBIT Social Security Tax Payable $124,000 CREDIT Cash $1,000,000 CREDIT Compensation Expense \$1,076,500 CREDIT Compensation Payable $1,226,500 DEBIT Social Security Tax Payable $62,000 CREDIT Medicare Tax Payable $29,000 Sabrina International pays its employees $1,000,000. DEBIT Social Security Tax Payable $124,000 CREDIT Cash $1,000,000 CREDIT Compensation Expense \$1,076,500 CREDIT Compensation Payable $1,226,500 DEBIT Social Security Tax Payable $62,000 CREDIT Medicare Tax Payable $29,000

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