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What should be accrued as the salary expense? A business wants to accrue for the year ending 12/31/20, salary for the period 12/31/20 that was
What should be accrued as the salary expense? A business wants to accrue for the year ending 12/31/20, salary for the period 12/31/20 that was paid on 1/2/21. The gross salary was $19,000. The tax withheld was $3,200 with a separate employee withholding of $200 towards a 401k plan.
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