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For the payroll period ended on June 25, 2019, gross pay was $13,600, net pay was $9,800, FICA tax withholdings were $1,300, income tax withholdings
For the payroll period ended on June 25, 2019, gross pay was $13,600, net pay was $9,800, FICA tax withholdings were $1,300, income tax withholdings were $2,000, and medical insurance contributions were $500. Use the horizontal model to show the effects of the payroll accrual on June 25, 2019. Indicate the financial statement effect
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