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Selected data from a February payroll register for Swifty Company are presented below. Some amounts are intentionally omitted. Gross Earnings: State income taxes $(3) Regular
Selected data from a February payroll register for Swifty Company are presented below. Some amounts are intentionally omitted. Gross Earnings: State income taxes $(3) Regular $8,400 Union dues 180 Overtime (1) Total deductions $(4) Total $(2) Net Pay $9,508 Deductions Account debited: FICA taxes $930 Salaries and wages expense (5) Federal taxes 1,053 FICA taxes are 7.65%. State income taxes are 4% of gross earnings
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Understanding And Auditing IT Systems Volume 2
Authors: Young-Woon Min
2nd Edition
1257758837, 978-1257758838
