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journal entry to record the wage expense

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Question;XYZ Co had the following payroll transactions for the first pay period in 2012.Wages $13000Federal income tax withheld 880Social security tax is 6.2% and medicare tax is 1.45%. State unemployment tax is 6.2%.Prepare the journal entry to record the wage expense.

 

Paper#38286 | Written in 18-Jul-2015

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