Banner Company had the following payroll data for the year: Assume the following: Instructions
Compute Banner's payroll tax expense for the year. Make a summary journal entry to record the payroll tax expense.

Question

Banner Company had the following payroll data for the year:  Assume the following:  Instructions
Compute Banner's payroll tax expense for the year. Make a summary journal entry to record the payroll tax expense.

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The Answer of Banner Company had the following payroll data for the year:  Assume the following:  Instructions
Compute Banner's payroll tax expense for the year. Make a summary journal entry to record the payroll tax expense.

Banner Company Had the Following Payroll Data for the Year