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A Company Has 2 Employees Whose Total January Salaries Are

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A company has 2 employees whose total January salaries are totaled $8,000.The federal income tax rate for both employees is 15%.The FICA-social security tax is 6.2% and the FICA-Medicare tax is 1.45%.Calculate the amount of employee taxes withheld and prepare the company's journal entry to accrue the January salaries expense and withholding of January taxes.


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Intelligence

Relates to the capacity for learning, understanding, problem-solving, and adapting to new situations.

Developmentally Disabled Adults

Individuals over the age of 18 who experience significant limitations in intellectual functioning and adaptive behavior, impacting their daily life and activities.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors and attitudes.

Stanford-Binet

A widely used individual intelligence test that assesses various cognitive abilities.

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