TCO D) Green Co. pays a weekly payroll of $100,000 that includes federal taxes withheld of $40,500,.


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TCO D) Green Co. pays a weekly payroll of $100,000 that includes federal taxes withheld of $40,500,. 1 answer below ยป TCO D) Green Co. pays a weekly payroll of $100,000 that includes federal taxes withheld of $40,500, FICA taxes withheld of $22,000, and 401(k) withholdings of $25,500. What is the effect of assets and liabilities from this transaction? (Points : 5) Assets decrease $100,000 and liabilities do not change Assets decrease $12,000 and liabilities increase $12,000 Assets increase $88,000 and liabilities increase $12,000. Assets decrease $12,000 and liabilities increase $88,000. need in 10 minates Jul 29 2015 12:29 PM

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