LO 5-3 The employees of Ethereal Bank are paid on a semimonthly basis. Compute the FICA taxes
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LO 5-3 The employees of Ethereal Bank are paid on a semimonthly basis.
Compute the FICA taxes for the employees for the November 30 payroll.
All employees have been employed for the entire calendar year. All employees are single. There are no pre-tax deductions.
Employee Semimonthly Pay YTD Pay for Nov. 15 Pay Date Social Security Tax for Nov. 30 Pay Date Medicare Tax for Nov. 30 Pay Date R. Bellagio $ 9,500 B. Khumalo 6,700 S. Schriver 6,800 K. Saetang 7,250 T. Ahmad 9,750 M. Petrova 8,100
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Related Book For
Payroll Accounting 2024
ISBN: 9781266832352
10th International Edition
Authors: Jeanette Landin, Paulette Schirmer
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