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Business, 12.11.2019 03:31 ultimatesaiyan

According to a summary of the payroll of scotland company, total salaries were $500,000. assume that social security taxes are payable at a 6% rate and medicare taxes are payable at a 1.5% rate with no maximum earnings. federal income tax withheld was $98,000. also, $15,000 was subject to state (4.2%) and federal (0.8%) unemployment taxes. the journal entry to record accrued salaries would include a:

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