In Teva Co.'s ledger, the Salaries Payable will be credited for the current salary expense in the amount of $1,150.
Withholding Payable will also be credited with $850, while the Salary Expense account is debited with $2,000.
Data Analysis:
Salary Expense $2,000 Withholding $850 Salaries Payable $1,150
Thus, the Salaries Payable to the employees for the current period are $1,150.
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