Solution-Journalize the payment of the monthly wages

Journalize the payment of the monthly wages

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Reference no: EM13913635

The employees of Carson Bakery Company earn total wages of $7,780 during January. The total amount is taxable under FICA, FUTA, and SUTA. The state contribution rate for the company is 4.3%. The amount withheld for federal income taxes is $998.

Journalize the payment of the monthly wages, and record the payrolltaxes

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Reference no: EM13913635

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Journalize the payment of the monthly wages

Reference no: EM13913635

Reference no: EM13913635

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