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According to a summary of the payrol of Guthrie Co $720.000 was subject to the 60% social security tax and the 1.54 Medicare tax Abso,
According to a summary of the payrol of Guthrie Co $720.000 was subject to the 60% social security tax and the 1.54 Medicare tax Abso, 550,000 was subject to state and federal nem oyment taxes Required: a Compute the employer's payroll taxes, using the following rates state unemployment, 5.4%, federal unemployment 0.6% bi On December 31 punate the entry to record the accrual of payrolines Refer to the chart of accounts for the exact wording of the account sides. CNOW ournal do not use lines for journal exploracions. Every kee on a purnal page a used for debitor credentes CNOW furniak will automatic aby indent a credit entry when a credit amount is entered First Question Ac un a. Compte the employer's payroll taxes, using the following rates: state unemployment, 54, federal unemployment, 0.05 1
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