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All of the following payroll deductons may be withheld from an employee's earnings except Multiple Choice FICA taxes income taxes. unemployment taxes Charitable contributions FILA

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All of the following payroll deductons may be withheld from an employee's earnings except Multiple Choice FICA taxes income taxes. unemployment taxes Charitable contributions FILA taxes, income taxes. unemployment taxes. Charitable contributions All of the above items may be withheld from an employee's earnings. On August 1, 2020, Ascent Corp, borrowed $60,000 cash on an 8-month note payable with a 9% annual rate that requires Ascent to pay all the interest and principal on April 1, 2021. Assuming the necessary adjusting entry to acirue interest expense was properly recorded on December 31, 2020, the journal entry to record the payment of interest on April 1, 2021 will include a (Round to the nearest whole dollar, if necessary Multiple Choice credit to Interest Expense for $1.350 credit to Cash for $1350 debit to Interest Poyoble for $3,375 credit to Cash for $1,350. debit to Interest Payable for $3,375. debit to Interest Payable for $2.250 debit to interest Expense for $3,600, Maxwell Manufacturing issued $470,000, 10-year, 8% bonds at 95. The journal entry to record this bond issuance will include a: Multiple Choice credit to Discount on Bonds Payable for $23.500 debit to Premium on Bonds Payable for $37,600 credit to Bonds Payable for $470.000 debit to Cash for $470.000 debit to Premium on Bonds Payable for $37,600. credit to Bonds Payable for $470,000. debit to Cash for $470,000. credit to Bonds Payable for $446,500

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