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Chapter 11 Homework Question 7, S11-8 (open response) Part 2 of 3 78 points Points: 1.71 of 10 Save Company has monthly salaries of $20,000.
Chapter 11 Homework Question 7, S11-8 (open response) Part 2 of 3 78 points Points: 1.71 of 10 Save Company has monthly salaries of $20,000. Assume Berry pays all the standard payroll taxes, no employees have reached the payroll tax limits, total income ithheld is $2,000, and the only payroll deductions are payroll taxes. Journalize the accrual of salaries expense, accrual of employer payroll taxes, and payme mployee and employer payroll taxes for Berry Company. (Assume all of the monthly salary is subject to FUTA and SUTA. Record debits first, then credits Se xplanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate, except for the following acronyms: FICA, OASDI ) (Click the icon to view payroll tax rate information.)
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