Compute SUTA and FUTA semimonthly payroll taxes general journal entry for this pay period. Show all calculations.
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Question:
Compute SUTA and FUTA semimonthly payroll taxes general journal entry for this pay period. Show all calculations. Include both debits only.
FUTA is .006 on 1st 7k of wages.
SUTA is 2.6% on 1st 33,100.
Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild
Posted Date: