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Betty strands regular hourly wage rate is 18 dollars, and she receives an hourly rate of 27 dollars for work in excess of 40 hours
Betty strands regular hourly wage rate is 18 dollars, and she receives an hourly rate of 27 dollars for work in excess of 40 hours during the pay period, Betty work 47 hours. Betty Federal income tax withholding is 98 dollars, and she has no voluntary deductions. assume that the FCIA tax rate is 7.65 %. prepare the employer journal entries to record a. Betty's pay for the period and b. the payment of Betty wages. use January 15 for the end of the pay period and the payment date
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