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plz complete On January 15, the end of the first pay period of the year, North Company's employees earned $50,000 of sales salaries. Withholdings from
plz complete On January 15, the end of the first pay period of the year, North Company's employees earned $50,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 62%. FICA Medicare taxes ot the rate of 1.45%,$2,600 of federal income taxes, $1,330 of medical insurance deductions, and $120 of union dues. No employee earned more than $7,000 in this first period Prepare the joutral entry to record Nonth Company's January 15 salaries expense and related liabilites Journal entry worksheet
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