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Merger Company has 1 0 employees, each of whom earns $ 1 , 7 5 0 per month and has been employed since January 1
Merger Company has employees, each of whom earns $ per month and has been employed since January FICA Social Security taxes are of the first $ paid to each employee, and FICA Medicare taxes are of gross pay. FUTA taxes are and SUTA taxes are of the first $ paid to each employee.
Prepare the March journal entry to record the March payroll taxes expense.
Note: Round your answers to decimal places.
Journal entry worksheet
Record employer payroll tax expense.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditMarch
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