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S11-8 Computing and journalizing the payroll expense of an employer Orchard Company has monthly salaries of $10,000. Assume Orchard pays all the standard payroll taxes
S11-8 Computing and journalizing the payroll expense of an employer
Orchard Company has monthly salaries of $10,000. Assume Orchard pays all the standard payroll taxes and no employees have reached the payroll tax limits.
Requirement
Journalize the accrual and payment of employer payroll taxes for Orchard Company.
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