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Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 1531. Gross payroll
Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 1531. Gross payroll $13,023 Federal income tax withheld $2,163 Social security rate 6% Federal unemployment tax rate 0.8% Medicare rate 1.5% State unemployment tax rate 5.4% Salaries Payable would be recorded in the amount of:
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