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Kinga International pays its employees $500,000. DEBIT Social Security Tax Payable $31.000 CREDIT Compensation Payabie $613,250 CREDIT Medicare Tax Payable $14,500 DEBrT Cash $500,000 DE8IT
Kinga International pays its employees $500,000. DEBIT Social Security Tax Payable $31.000 CREDIT Compensation Payabie \$613,250 CREDIT Medicare Tax Payable \$14,500 DEBrT Cash $500,000 DE8IT Social Security Tax Payable $62,000 CREDIT Compensation Expense \$538,250
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Auditing Assurance And Risk
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
2rd Edition
0324022131, 978-0324022131
