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QUESTION 12 The following totals for the month of April were taken from the payroll register of Lang Company. Salaries and wages FICA taxes withheld

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QUESTION 12 The following totals for the month of April were taken from the payroll register of Lang Company. Salaries and wages FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes $76.000 5,537 17,000 2,790 112 1.260 Calculate the not payroll recorded for the month of April. An aging of a company's accounts receivable indicates that $310,000 are estimated to be uncollectible. The Allowance for Doubtful Accounts has a $13,000 debit balance (the allowance account is short by $13,000). Calculate the required adjustment to record bad debt expense for the period. QUESTION 14 The term "receivables refers to amounts due from individuals or companies. merchandise to be collected from individuals or companies. cash to be paid to creditors cash to be paid to debtors

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