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On January 14, the end of the first pay period of the year, a company's employees earned $28,000 of salariesWithholdings employees' salaries include FICA Social
On January 14, the end of the first pay period of the year, a company's employees earned $28,000 of salariesWithholdings employees' salaries include FICA Social Security taxes at the rate of %, FICA Medicare taxes at the rate of 1.45\% , and $2,100 federal income taxes. No employee earned more than $7,000 in this first period . Prepare the journal entry to record the company's January 14 salaries expense and related liabilities View transaction Journal entry worksheet < Record the company's January 14 salaries expense and related .
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