Examlex
Devin's Animal Shop has the following information for the pay period of March 15 to March 31:
Gross payroll $20,000
FICA tax rate 7%
Federal income tax withheld 15%
Required:
Prepare the journal entry to record the accrued payroll on March 31 and the journal entry to remit the payroll taxes to the government on April 15. Omit explanations. Do not record employer payroll taxes.
Specific Adjustment
A targeted change or modification made to improve or correct a particular situation, item, or process.
Announcing Negative News
The process of delivering unfavorable or disappointing information to individuals or groups in a manner that aims to minimize negative reactions.
Negative Announcement
Communication that delivers bad news, unfavorable decisions, or undesirable outcomes.
Negative News
Information delivery that conveys unfavorable, adverse, or disappointing information to the recipient.
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