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Payroll Entries The payroll register for Schmidt Company for the week ended April 29 indicated the following: In addition, state and federal unemployment taxes were
Payroll Entries The payroll register for Schmidt Company for the week ended April 29 indicated the following: In addition, state and federal unemployment taxes were computed at the rate of 5.4% and 0.6%, respectively, on $11,000 of salanes. a. Journatize the entry to record the payroll for the week of Aprit 29. If an amount box does not require an entry, leave it btank: Feedsack F Chack My Won known as take home pay Gross pay is the amount that employees have earned before taxes and deductions. A portion of employees' earnings is owed known as take-home pay. Journalize the entry to record the payroll tax expense incurred for the week of April 29. If an amount box does no Feedback Check. My Work Remember that there is typically a maximum amount of earnings subject to state and federal unemployment taxes. Recall that the Payroll Entries The payroll register for Schmidt Company for the week ended April 29 indicated the following: In addition, state and federal unemployment taxes were computed at the rate of 5.4% and 0.6%, respectively, on $11,000 of salanes. a. Journatize the entry to record the payroll for the week of Aprit 29. If an amount box does not require an entry, leave it btank: Feedsack F Chack My Won known as take home pay Gross pay is the amount that employees have earned before taxes and deductions. A portion of employees' earnings is owed known as take-home pay. Journalize the entry to record the payroll tax expense incurred for the week of April 29. If an amount box does no Feedback Check. My Work Remember that there is typically a maximum amount of earnings subject to state and federal unemployment taxes. Recall that the
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