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Summary Payroll Data In the following summary of data for a payroll period, some amounts have been intentionally omitted: Summary Payroll Data In the following
Summary Payroll Data In the following summary of data for a payroll period, some amounts have been intentionally omitted:
Summary Payroll Data In the following summary of data for a payroll period, some amounts have been intentionally omitted: Earnings 1. At regular rate 2. At overtime rate 3. Total earnings $79,400 Deductions 4. Social security tax 5. Medicare tax 6. Income tax withheld 7. Medical insurance 8. Union dues 9. Total deductions 10. Net amount paid 31,740 7,935 135,000 18,300 196,000 $333,000 Accounts debited: 11. Factory Wages 12. Sales Salaries 13. Office Salaries 280,400 105,800Step by Step Solution
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