Question
The employees of The Donnelly Music Company earned total wages of $4,690 on January. The total amount is taxable under FICA, FUTA and SUTA. The
The employees of The Donnelly Music Company earned total wages of $4,690 on January. The total amount is taxable under FICA, FUTA and SUTA. The state contribution rate for the company is 3.6%. The amount withheld for federal income taxes was $685. Journalize the payment of wages and record the payroll taxes.
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Payroll Accounting 2016
Authors: Bernard J. Bieg, Judith Toland
26th edition
978-1305665910, 1305665910, 1337072648, 978-1337072649
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