Question
Crimson Inc. had a gross payroll of $51,000. The FICA tax was 7.60% of the gross payroll. Federal and state withholding was $2,550 and $415,
Crimson Inc. had a gross payroll of $51,000. The FICA tax was 7.60% of the gross payroll. Federal and state withholding was $2,550 and $415, respectively. Which of the following amounts will be reported as a decrease on the statement of cash flows of the company? Round your answer to whole number. a.$44,159 b.$51,000 c.$50,089 d.$51,911
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Intermediate Accounting Reporting And Analysis, 2017 Update
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd Edition
1337505625, 9781337505628
