According to a summary of the payroll of Glitz Publishing Co., $350,000 was subject to the 6.0%
Question:
a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 4.3%; federal unemployment, 0.8%.
b. Journalize the entry to record the accrual of payroll taxes.
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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