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Coyote Company paid a weekly payroll of $60,000 entirely subject to Social Security tax (6.2%) and Medicare tax (1.45%), with income tax withholding of $14,000
Coyote Company paid a weekly payroll of $60,000 entirely subject to Social Security tax (6.2%) and Medicare tax (1.45%), with income tax withholding of $14,000 and union dues of $600 deducted.
Instructions: prepare any necessary journal entries for the payroll of Coyote.
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