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  3. (5) the payroll records of a company provided the

(5) The payroll records of a company provided the following data for the weekly pay...

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Accounting

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(5) The payroll records of a company provided the following data for the weekly pay period ended December 7: Earnings to End of Previous Week S 54,000 40,500 45.000 Federal Income Taxes $216 Union Dues $15 Medical Insurance Deduction $125 125 150 United Way $15 Gross Pay $1,200 900 1.000 Employee Ronald Arthur John Baines Ted Carter 30 15 162 180 -0- The FICA social security tax rate is 6.2% and the FICA Medicare tax rate is 1.45% on all of this week's wages paid to each employee. The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7.000 paid to each employee. Prepare the journal entries to (a) accrue the payroll and (b) record payroll taxes expense

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