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company has balance of 619.24 in the FUTA taxes payable account. this represents the employers liability for the fourth quarter taxes. Journalize the entry they

company has balance of 619.24 in the FUTA taxes payable account. this represents the employers liability for the fourth quarter taxes. Journalize the entry they should make in january 2017 to record the last transfer of FUTA taxes for 2016.

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