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BSW Inc. had a weekly payroll of $10,000 for three employees with mandatory withholdings of social security tax (7.65%), fede

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WEEKLY PAYROLL JOURNAL ENTERY

DETAILS DEBIT CREDIT
SALARIES($10000*3) $30000
BANK/CASH $24805
FEDERAL WITHHOLDING $2000
HEALTH CARE SAVING A/C $300
RETIREMENT PLAM $200
SOCIAL SECURITY TAX $2295
STATE WITHHOLDING $400
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