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Assuming a Medicare tax rate of 1.45% and monthly gross wages of $2,500, the entry to record Medicare Tax Payable for one quarter includes A

Assuming a Medicare tax rate of 1.45% and monthly gross wages of $2,500, the entry to record Medicare Tax Payable for one quarter includes A debit for $108.75 A debit for $36.25 A credit for $108.75 A credit for $36.25

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