On January 15, the end of the first pay period of the year, North Company’s employees earned $28,000 of sales salaries. Withholdings from the employees’ salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $2,100 of federal income taxes, $459 of medical insurance deductions, and $230 of union dues. No employee earned more than $7,000 in this first period.   Prepare the journal entry to record North Company’s January 15 salaries expense and related liabilities.

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A: If you have any questions let me know in comment box thankyou for your question.

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