Assuming a semiweekly depositor, from the following T accounts, record: (a) The July 3 payment for FICA
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(a) The July 3 payment for FICA (OASDI and Medicare) and federal income taxes,
(b) The July 31 payment of SUTA tax, and
(c) The July 31 deposit of any FUTA tax that may be required.
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Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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