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All employees are paid on a weekly basis and according to their W4 are all married and do not request any additional withholding (Use the
All employees are paid on a weekly basis and according to their W4 are all married and do not request any additional withholding (Use the tables that start on page 13 of the Pub 15-T that is posted under the Chapter 12 Module). Each employee has requested that 5% of their pay is withheld for the retirement plan. The employees with an hourly rate are the Sales reps and those earning a salary are the Office staff. The merit rating for SUTA is 4.8%. Prepare the necessary journal entries. 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period
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