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During a two week pay period Gabbie Company's employees earned gross wages and salaries of $67,500. The employees have income tax withholdings of $7,800 and
During a two week pay period Gabbie Company's employees earned gross wages and salaries of $67,500. The employees have income tax withholdings of $7,800 and the company owes a total of $10,400 in GST taxes, including the company and employee portions.
Required: Prepare the journal entries that your company will use to record the payroll. Considering the employee and employer payroll taxes.
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