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Assuming no employees are subject to ceilings for their earnings, Moore Company has the following information for the pay period of December 15 - 31,
Assuming no employees are subject to ceilings for their earnings, Moore Company has the following information for the pay period of December 15 - 31, 20xx. Use this information to answer the question that follow.
Gross payroll | $15,354.00 | Federal income tax withheld | $3,655.00 | |
Social security rate | 6% | Federal unemployment tax rate | .8% | |
Medicare rate | 1.5% | State unemployment tax rate | 5.4% |
Salaries Payable would be recorded for
Select the correct answer.
$10,747.05
$15,354.00
$9,595.50
$10,547.45
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