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Earnings for several employees for the week ended April 7, 20--, are shown: the Assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social
Earnings for several employees for the week ended April 7, 20--, are shown: the Assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Medicare tax is 1.45%. Required: 1. Calculate the employer's payroli taxes expense- 2. Prepare the journal entry as of April 7, 20
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