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Required information (The following information applies to the questions displayed below.] Oaks Company has completed...

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Accounting

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Required information (The following information applies to the questions displayed below.] Oaks Company has completed the payroll for the month of January, reflecting the following data: Salaries and wages earned Employee income taxes withheld FICA payroll taxes $ 86,000 10,000 6,000 "Assessed on both employer and employee (ie, $6,000 each). 2. List the liabilities and their amounts reported on the company's January 31 balance sheet, assuming the employees hav but that no transfers have been made to government agencies. OAKS COMPANY Balance Sheet Liabilities (Partial) As of January 31

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