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table [ [ Account: Salaries and Wages Payable ] , [ Date , table [ [ Post ] , [ Reference ] ]
tableAccount: Salaries and Wages PayableDatetablePostReferenceDebit,Credit,BalanceSeptember JAccount: Employee Federal Income Tax PayableDatetablePostReferenceDebit,Credit,BalanceSeptember JAccount: Social Security Tax PayableDatetablePostReferenceDebit,Credit,BalanceSeptember JAccount: Medicare Tax PayableDatetabletablePostReferenceDebit,Credit,BalanceSeptember JAccount: Salaries and Wages ExpenseDatetablePostReferenceDebit,Credit,BalanceSeptember JRequired information
Problem A to A Algo
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The following information applies to the questions displayed below.
Harper Morgan owns White Mountain Assessments in Laconia, New Hampshire. The standard workweek is hours. Use the wagebracket method in the federal tax table from Appendix C No employee has exceeded the Social Security tax wage base. All employees submitted a Form W and no box was checked in Step Total, prove, and rule the entries.
Note: Round your intermediate calculations and final answers to decimal places.
Problem A Algo
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Using the employee payroll entry from Problem A post the September employee pay for White Mountain Assessments to the selected General Ledger accounts shown next. This will have a Posting Reference of J
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