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H3Ko H3Ko
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8 years ago
Cambridge Sales, Inc. has gross salaries and wages for March of $45,000. Provide the journal entry to record salaries and wages expense and payroll withholdings. (Assume a FICAOASDI Tax of 6.2% and FICAMedicare Tax of 1.45%.) Salaries and wages to date are under the OASDI limit. Assume no federal or state income taxes are due.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Mrgo-breedMrgo-breed
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H3Ko Author
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#2
8 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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#3
8 years ago
I'm liking this Slight Smile
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#4
6 years ago
Thank You
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