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After the JPR Corporation paid its employees on May 15, 2016, and recorded the corporation's share of Social Security Tax Payable account, a balance of
After the JPR Corporation paid its employees on May 15, 2016, and recorded the corporation's share of Social Security Tax Payable account, a balance of $356 in the Medicare Tax Payable account, and a balance of $1,972 in the Employee Income Tax Payable account. On May 16, 2016, the business issued a check to deposit the taxes owed in the local bank. Record this transaction in a general journal form. Date General Journal Credit May 16, 2016 (Click to select) (Click to select) (Click to select) (Click to select)
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