Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Lidge Company of Texas (TX) pays its employees monthly. The following payroll information is for the second quarter of the year. WITHHOLDINGS EMPLOYER'S Wages OASDI
Lidge Company of Texas (TX) pays its employees monthly. The following payroll information is for the second quarter of the year.
WITHHOLDINGS EMPLOYER'S
Wages OASDI HI FIT OASDI HI
April $ 86,100 $ 3,616.20 $1,248.46 $ 9,650 $ 5,338.20 $1,248.45
May 92,500 3,885.00 1,341.26 10,005 5,735.00 1,341.25
June 73,400 3,082.80 1,064.30 8,995 4,550.80 1,064.30
Totals $252,000 $10,584.00 $3,654.02 $28,650 $15,624.00 $3,654.00
The number of employees on March 12 was 11.
Complete the following portion of Form 941.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started