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asap During the month of January, an employer incurred the following payroll taxes: FICA Social Security taxes of $248.00, FICA Medicare taxes of $58.00, FUTA
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During the month of January, an employer incurred the following payroll taxes: FICA Social Security taxes of $248.00, FICA Medicare taxes of $58.00, FUTA taxes of $24.00, and SUTA taxes of $216.00. Prepare the journal entry to record the employer's payroll tax expense assuming these wages will be paid in early February. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record employer payroll tax expense. Note: Enter debits before credits. Date General Journal Debit CreditStep by Step Solution
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