Question
17. Oaks Company has completed the payroll for the month of January, reflecting the following data: Salaries and wages earned $ 102,000 Employee income taxes
17.
Oaks Company has completed the payroll for the month of January, reflecting the following data:
| Salaries and wages earned | $ | 102,000 | |
| Employee income taxes withheld | 13,000 | ||
| FICA payroll taxes* | 6,600 | ||
*Assessed on both employer and employee (i.e., $6,600 each).
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
3rd Canadian edition
1-119-40285-5, 111940276X, 978-1119566007
