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Need help with 1) A,B,and C. i Requirements 1. In preparation for recording the transactions, prepare An amortization schedule for the first 3 months of
Need help with 1) A,B,and C.
i Requirements 1. In preparation for recording the transactions, prepare An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar. Payroll registers for October, November, and December. All employees worked October 1 through December 31 and are subject to the following FICA taxes: OASDI: 6.2% on first $118,500 earned: Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000 Additional payroll information includes a. b. Monthly Federal Health Employee Salary Income Tax Insurance 1,890 $ 1,020 435 125 125 125 Kacy Jacolb $ 6,300 $ Martha Schaefer 5,100 2,900 Sheila Murray Calculations for employer payroll taxes liabilities for October, November, and December: OASDI: 6.2% on first $118,500 earned: Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 earned cStep by Step Solution
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