Using the payroll register from P7-1B for Appalachian Limited Home Design, complete the General Journal entry for

Question:

Using the payroll register from P7-1B for Appalachian Limited Home Design, complete the General Journal entry for the employer’s share of the payroll taxes for the March 11, 2022, pay date. Assume a 5.4 percent SUTA rate and 0.6 percent FUTA rate, and assume that only $2,721.85 of the gross pay is subject to SUTA and FUTA taxes.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

Question Posted: