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Journalize Period Payroll The payroll register of Chen Engineering Co. indicates $2,220 of social security withheld...

Journalize Period Payroll The payroll register of Chen Engineering Co. indicates $2,220 of social security withheld and $555 of Medicare tax withheld on total salaries of $37,000 for the period. Federal withholding for the period totaled $6,660. Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.

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Answer #1
Journal entry for the periods payroll
General Journal Debit Credit
Salaries Expense $37,000
     Social Security Tax payable                             $2,220
     Medicare Tax payable                                     $555
     Federal Income tax payable $6,660
     Salaries Payable        [Salary - Deductions = $37,000 - $2,220 - $555 - $6,660]                           $27,565
(To record the payroll expense)
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