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pis possib Weaver Company has monthly salaries of $34,000. Assume Weaver pays all the standard payroll taxes, no employees have reached the payroll tax limits,

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pis possib Weaver Company has monthly salaries of $34,000. Assume Weaver pays all the standard payroll taxes, no employees have reached the payroll tax limits, total income tax withheld is $2,000, and the only payroll deductions are payroll taxes. Journalize the accrual of salaries expense, accrual of employer payroll taxes, and payment of employee and employer payroll taxes for Weaver Company. (Assume all of the monthly salary is subject to FUTA and SUTA. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) (Click the icon to view payroll tax rate information.) Begin with the entry to accrue salaries expense and payroll withholdings for the employee. Accounts and Explanation Debit Date Credit Next, record the entry to accrue employer payroll taxes for Weaver Company Date Accounts and Explanation Debit Credit Now record the payment of employee and employer payroll taxes for Weaver Company Date Accounts and Explanation Debit Credit

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