Question
Beta Company pays its employees bi-weekly. The total gross payroll for the current pay period is $50,000. Deductions include federal income tax of $8,000, state
Beta Company pays its employees bi-weekly. The total gross payroll for the current pay period is $50,000. Deductions include federal income tax of $8,000, state income tax of $3,000, FICA tax of $3,500, and voluntary contributions of $2,000. Calculate the net pay for the employees.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
