1. Calculate the total employer payroll taxes for these employees. Round all your calculations, including your answer,...

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1. Calculate the total employer payroll taxes for these employees. Round all your calculations, including your answer, to the nearest cent.
2. Prepare the journal entry to record the employer payroll taxes as of July 7, 20--. Round your answers to the nearest cent. If an amount box does not require an entry, leave it blank.
Selected information from the payroll register of Ebeling's Dairy for the week ended July 7, 20--, is shown below. The SUTA tax rate is 5.4%, and the FUTA tax rate is 0.6%, both on the first $7,000 of earnings. Social Security tax on the employer is 6.2% on the first $118,500 of earnings, and Medicare tax is 1.45% on gross earnings.
Taxable Earnings Cumulative Pay Current Weekly Before Current Unemployment Social Security Employee Name Earnings Earnin

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How to get the unemployment amount for each person?

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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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