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Please help! 1 Assume the Note Receivable in #20 above was taken out on September 1 st. Record Interest due to Cindy as of December
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1 Assume the Note Receivable in \#20 above was taken out on September 1 st. Record Interest due to Cindy as of December 3ist. 22 Cindy needs to record her last month's wages for her new part-time assistant. She owes them $1,000 gross pay, FICA Taxes are 7.65%. Federal income Tax is $240, and State Income Tax is $70. 23 Record the cash payment to the employee. 24 Record Cindy's portion of payroll taxes. Assume FUTA and SUTA are 5100 and $50, respectively Step by Step Solution
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