Essay
Sweetman's Recording Studio payroll records show the following information:
Assume the following:
a)FICA: OASDI,6.2% on a limit of $117,000;Medicare,1.45%.
b)Each employee contributes $40 per week for union dues.
c)State income tax is 5% of gross pay.
d)Federal income tax is 20% of gross pay.
Prepare a general journal payroll entry.
Correct Answer:

Verified
Correct Answer:
Verified
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