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Don is paid $10,000 a month$5,000 on the 15 th , and $5,000 on the last day of the month. As of October 31, 2018,
- Don is paid $10,000 a month$5,000 on the 15th, and $5,000 on the last day of the month. As of October 31, 2018, Dons year-to-date FICA wages (including bonuses) is $110,000. How much FICA (HI and OASDI) must Dons employer withhold from each of Dons November and December 2018 paychecks? How much out of the November checks (15th and 30th)? How much out of the December checks (15th and 31st)?
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
