Lexington Corporations weekly payroll of $24,000 included F.I.C.A. taxes withheld of $1,836, federal taxes withheld of $2,990,
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Lexington Corporation’s weekly payroll of $24,000 included F.I.C.A. taxes withheld of $1,836, federal taxes withheld of $2,990, state taxes withheld of $920, and insurance premiums withheld of $250. Prepare the journal entry to record Lexington’s payroll.
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Wages Expense 24000 FICA Taxes Payable 1...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
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