In January, gross earnings in Burrell Company were $80,000. All earnings are subject to 7.65% FICA taxes.
Question:
(a) Calculate net pay for January,
(b) Record the payroll.
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a Net pay 80000 765 X 80000 14000 1600 58280 ...View the full answer
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
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