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check again there are more than one picture showing the rest of the table its the same question Current Attempt in Progress During the month
check again there are more than one picture showing the rest of the table its the same question
Current Attempt in Progress During the month of February, Novak Corp's employees earned wages of $90,280. Withholdings related to these wages were $6.906 for FICA, $8,662 for federal income tax, and $2,318 for state income tax Costs incurred for unemployment taxes were $134 for federal and $195 for state Prepare a tabular summary to record on February 28 (a) Salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March (b) The company's payroll tax expense. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced.) Assets Cash Salaries & Wages Pay. Fed. Inc. Taxes Pay. FI (a) Feb. 28 $ $ $ (b) Feb. 28 a) (b) Salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March The company's payroll tax expense. Include margin explanations for the changes in revenues and expenses. Of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced) Liabilities FICA Taxes Pay. St. Inc. Taxes Pay. Fed. Unemp. Taxes Pay. + State Unemp. Taxes $ $ $ Tehnok and More Include margin explanations for the changes in revenues and expenses. (if a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Eguilty item that was reduced) Stockholders' Equity Pd. in Capital Common Stock Retal State Unemp. Taxes Pay. Revenue Expense e Textbook and Media (a) (b) Salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March The company's payroll tax expense Include margin explanations for the changes in revenues and expenses. (fa transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Revenue Expense Dividend $ $ Income taxe Payroll tax expense Salarles & wages expense e Textbook and Media List of Accounts Attemne Step by Step Solution
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