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3. Theodore Simpson works for Blair Company al year and eams a monthly salary of $4,000. There is no overfime pay. Based cn Theodore's W-4,
3. Theodore Simpson works for Blair Company al year and eams a monthly salary of $4,000. There is no overfime pay. Based cn Theodore's W-4, Blair withholds. income taxes at 15% of his gros5 pay. As of July 31, Theodore had $28,000 of cumblative earnings 1. (Click the icon to view piyroll tax rate information.) Joumalize the accrual of salary expense for Blair Compary related to the employment of Theodoro Simpson for the month of August. (Record debits first. then credits Round all amounts to the nearest cent. Select the explanation on tho last line of the joumal entry table.)
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