Journalize period payroll OBJ. 3 The payroll register of Longboat Co. indicates $5,400 of social security withheld

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Journalize period payroll OBJ. 3 The payroll register of Longboat Co. indicates $5,400 of social security withheld and $1,350 of Medicare tax withheld on total salaries of $90,000 for the period. Retirement savings withheld from employee paychecks were $5,400 for the period. Federal withholding for the period totaled $17,820.

Provide the journal entry for the period’s payroll.

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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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