According to a summary of the payroll of Pendant Publishing Co., $800,000 of payroll was subject to
Question:
a. Calculate the employer’s payroll taxes using the following rates: state unemployment, 4.3%; federal unemployment, 0.8%.
b. Record the entry for the accrual of payroll taxes.
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Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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