Question
On July 30 an analysis of the general ledger of Biomet Device Inc.'s shows the following credit balances: FICA Taxes Payable OASDI $1,534.78 FICA Taxes
On July 30 an analysis of the general ledger of Biomet Device Inc.'s shows the following credit balances:
| FICA Taxes Payable OASDI | $1,534.78 |
| FICA Taxes Payable HI | $358.94 |
| FUTA Taxes Payable | $74.26 |
| SUTA Taxes Payable | $383.69 |
| Employees FIT Payable | $987.00 |
When the company makes its Federal Unemployment tax deposit it should record a credit to cash of:
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Management Accounting
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
6th Edition
0077185536, 978-0077185534
