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I need to put the right formula. please add the calculations as well. Thank you! A B E F G H Medical Ins. $170 1
I need to put the right formula. please add the calculations as well.
Thank you!
A B E F G H Medical Ins. $170 1 2 During the month of January, an employee earned $4,000 of salary. Withholdings from the 3 employee's salary consist of FICA Social Security taxes of $248, FICA Medicare taxes of $58, Salaries FICA-SS FICA-Med FIT 4 federal income taxes of $426, and medical insurance deductions of $170. $4,000 $248 $58 $426 5 6 Required: 7 Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. 8 9 (Use cells A2 to 14, as well as the "Chart of Accounts tab for cell referencing and/or formulas needed to complete this question.) 10 11 No Date General Journal Debit Credit 12 1 31-Jan 13 14 15 16 17 18Step by Step Solution
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