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The payroll register of North Country Store Services indicates $1080 of social security withheld and $270 of Medicare tax withheld on total salaries of $18,000
The payroll register of North Country Store Services indicates $1080 of social security withheld and $270 of Medicare tax withheld on total salaries of $18,000 for the period. Earnings of $6250 are subject to state and federal unemployment compensation taxes at the federal rate of 0.7% and the state rate of 3.8%. Provide the journal entry to record the payroll tax expense for the period
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