According to a payroll register summary of Frederickson Company, the amount of employees gross pay in December
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(a) Determine the employer’s payroll tax expense for the month, using the following rates: FICA 7.65%, state unemployment 5.4%, and federal unemployment 0.8%.
(b) Prepare the journal entry to record December payroll tax expense.
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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