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For the payroll period ended on May 28, 2022, gioss pay wos $119,000, net pay was $91,000, FiCA tax whhholdings were 57,000 income tox wihholdings

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For the payroll period ended on May 28, 2022, gioss pay wos $119,000, net pay was $91,000, FiCA tax whhholdings were 57,000 income tox wihholdings were $17,000, and medicat insurbnce contributens were 54,000 Required: Use the horiontal model to show the effects of the payroli occrual on Moy 28, 2022. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. t effect. For the payroll period ended on May 28, 2022, gioss pay wos $119,000, net pay was $91,000, FiCA tax whhholdings were 57,000 income tox wihholdings were $17,000, and medicat insurbnce contributens were 54,000 Required: Use the horiontal model to show the effects of the payroli occrual on Moy 28, 2022. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. t effect

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