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Chapter 10 Assignment: Required Saved Help Save & Exit Submit 3 Check my work Spirit Corporation reported the following payrol-related costs for the month of

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Chapter 10 Assignment: Required Saved Help Save & Exit Submit 3 Check my work Spirit Corporation reported the following payrol-related costs for the month of February. Gross pay (wages expense) Social Security and Medicare taxes Federal and state unemployment taxes Workers' compensation insurance Group health and life insurance benefits Employee pension plan benefits $254,000 19,431 15, 500 B,200 10,000 26, 500 $333, 631 10 points Total payroll costs for February eBook Ask Spirit's insurance premiums for workers' compensation and group health and life insurance were paid for in a prior period and recorded initially as prepaid insurance expense. Withholdings from employee wages in February were as follows. Print References State income tax withholdings Federal income tax withholdings Social Security and Medicare tax withholdings 5, 875 56,000 19, 431 a-c. Record Spirit's payroll entries for the month of February d. Do the amounts withheld from Spirit's employees represent taxes levied on Spirit Corporation? Complete this question by entering vour answers in the tabs below. Mc Graw Hill

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