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8.3 Sid's Grocery Store has 100 employees who earn a wage of $18.75 per hour. Each of Sid's employees has worked a total of 160
8.3
Sid's Grocery Store has 100 employees who earn a wage of $18.75 per hour. Each of Sid's employees has worked a total of 160 hours over the month of July. At the time of recording July's monthly payroll, the following amounts have been withheld: Aiso, the unemployment tax rate is 2% and applies to all but $30,000 of the gross payroli. Required: 1. What is the amount of net pay recorded by sid's? 2. Make the iournal entriee tn rarard tha maimall if mo mount box does not require an entry, leave it blank Step by Step Solution
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