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In March, gross earnings of Pearl company totaled 250,000. All earnings are subject to 7.65% FICA taxes, 5.4% state unemployment taxes and 0.8% federal unemployment
In March, gross earnings of Pearl company totaled 250,000. All earnings are subject to 7.65% FICA taxes, 5.4% state unemployment taxes and 0.8% federal unemployment taxes 1) compute the employer's payroll tax expense 2) prepare the entry to record payroll taxes
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Managerial Accounting
Authors: Carl Warren
14th Edition
1337516147, 978-1337270595
