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Noorman Company pays its employees every other Friday, December 31, 2017, was a Sunday. On Friday, January 5, 2018, Noorman paid wages of $98,000, which

image text in transcribedimage text in transcribed Noorman Company pays its employees every other Friday, December 31, 2017, was a Sunday. On Friday, January 5, 2018, Noorman paid wages of $98,000, which covered the 14-day period from December 20, 2017, through January 2, 2018. Wages were eamed evenly across all days, including Saturdays and Sundays. Employee income taxes withheld for this payroll period totaled $13,510, while the FICA tax withheld was $15,050. (Ignore the employer payroll taxes in this exercise.) TLAN Prepare the entry to accrue the company's wages and payroll taxes at December 31, 2017. (Assume the $98,000 in wages was the gross amount of the payroll Record debits first, then credits. Exclude explanations from any journal entries.) lin P Date zhn 2017 jilin s Dec 31 guo Journal Entry Accounts Debit Credit 1) 1) (/1) (/1) 1) 21) EE 71) come taxes withheld for this payroll period totaled $13,510, entry to accrue the company's wages and payroll taxes at [ its first, then credits. Exclude explanations from any journal 31 Journal Entry Accounts Accounts Payable Cash Employee Income Tax Payable FICA Tax Payable Salary Expense Salary Payable solve this Etext pages Get more help

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