It is possible that some of the expenses you incurred in an accident are not covered by your policy

Katie Pereira and Ferro Schwartz are employees of Free Star, Inc In February 2017, Katie's gross pay was $6,000, and Ferro's gross pay was $7,400

All earnings are subject to FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Which of the following would be included in the entry to record the salaries expense for February? A) a debit to Salaries Payable to employees for $830.80 B) a debit to FICA-Medicare Taxes Payable for $830.80 C) a credit to FICA-OASDI Taxes Payable for $830.80 D) a credit to Salaries Expense for $830.80

Cash balance plans are usually more attractive to employees than the other traditional pension plans and typically increase their retirement benefits by 20 percent to 40 percent in comparison with their former plan

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