14.9. For the week ending June 30, the Benezran Company had a gross payroll of $12.000. The...
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14.9. For the week ending June 30, the Benezran Company had a gross payroll of $12.000. The amount subject to unemployment compensation tax was $8,000. Present the journal entry to record the employer's payroll tax for the week, assuming the following rates: FICA 7.65 percent, state unemployment 3.4 percent, federal unemployment 0.8 percent.
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Schaums Outline Of Principles Of Accounting I
ISBN: 978-0070381490
5th Edition
Authors: Joel Lerner ,James Cashin
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