E10.7 (LO 1) Allison Hardware Ltd.'s payroll for November 2020 is €200,000. The Social Sccurity rate is 8% on an cmployce's wages. Income tax withheld amounts to €29,000. Instructions Prepare the journal entrics to record (a) salaries and wages payable and (b) Allison Hardware Ltd.'s payroll tax expense.

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