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This Question: 15 pts 13 of 30 (29 complete) This Test: 100 pts possi Richie Rich, a clothing resale store, employs one salesperson, Donna Hollace.

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This Question: 15 pts 13 of 30 (29 complete) This Test: 100 pts possi Richie Rich, a clothing resale store, employs one salesperson, Donna Hollace. Hollace's straight-time wage is $40 per hour with time-and-a-half pay for hours above 40 Richie Rich withholds income tax (15%), FICA-OASDI (6 2%) and FICA-Medicare (1 45%) from Hollace's pay Richie Rich also pays payroll taxes for FICA-OASDI (6 2%), FICA-Medicare (1 45%), and state and federal unemployment(5 4% and 0 6%, respectively) During the week ended December 26, Hollace worked 44 hours. Prior to this week, she had earned $1,000 Read the tequitements a. Accrual of salaries and wages expense and subsequent payment related to Hollace Begin by recording the expense. Assume the payment was made after the expense was recorded. We will record the payment of salaries and wages as a separate joumal entry in the following step. (Round all amounts to the nearest whole dollar ) Date Accounts and Explanation Debit Credit Now record the payment of salaries and wages to Hollace. (Round all amounts to the nearest whole dollar.) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. O Type here to search

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