Mr and mrs bernard collect their salary throughout the year


Question - Mr. and Mrs. Bernard collect their salary throughout the year. They're paid one week in arrears. Their gross payroll for a week is $3,942, and the employer portion of tax associated with the accrual is 15 percent. You'll need to make an adjusting entry to record the one week of salary and tax expense.

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Accounting Basics: Mr and mrs bernard collect their salary throughout the year
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