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Current Attempt in Progress The following journal entry for payroll taxes has been recorded by Linda for her hair salon business. Assume federal income tax
Current Attempt in Progress The following journal entry for payroll taxes has been recorded by Linda for her hair salon business. Assume federal income tax is $3,192.00 and state income tax is $234.00. Prepare the journal entry to record payment of the payroll taxes, assuming all taxes were paid on the same day. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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