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Assume that wage and salary expense is debited $6000. Assume that $500 is withheld for federal income tax. The social security rate is 6.2%. The

Assume that wage and salary expense is debited $6000. Assume that $500 is withheld for federal income tax. The social security rate is 6.2%. The medicare rate is 1.45%. What accounts should be credited ? What amounts should be credited to each of the four accounts?

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