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Instructions Last Transfer (Payment) of FUTA Taxes Instructions On December 31, Reuter Company has a balance of $98.75 in the FUTA taxes payable account.

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Instructions Last Transfer (Payment) of FUTA Taxes Instructions On December 31, Reuter Company has a balance of $98.75 in the FUTA taxes payable account. This represents the employer's liability for the fourth quarter taxes.

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