From the following T accounts, record the following: (a) The July 3 payment for FICA (OASDI and

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From the following T accounts, record the following:

(a) The July 3 payment for FICA (OASDI and Medicare) and federal income taxes,
(b) The July 30 payment of SUTA tax,
(c) The July 30 deposit of any FUTA tax that may berequired.

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Question Posted: Apr 24, 2014 09:50 AM

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From the following T accounts, record the following: (a) The July 3 payment for FICA (OASDI and

Question:

FICA OASDI Payable 203 FICA Medicare Payable 204 June 30 380 (EE) 380 (ER) June 30 190 (EE) 190 (ER) FIT Payable 205 FUTA Tax Payable 206 June 30 3,001 June 30 143 SUTA Tax Payable 207 June 30 610

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Jul 3 FICA OASDI Payable 7 6 0 00 FICAMedicare Pa...View the full answer

College Accounting A Practical Approach

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