During the fourth quarter of 2017, there were seven biweekly paydays on Friday (October 6, 20; November

Question:

During the fourth quarter of 2017, there were seven biweekly paydays on Friday (October 6, 20; November 3, 17; December 1, 15, 29) for Quality Repairs. Using the forms supplied on pages 4-44 to 4-47, complete the following for the fourth quarter:
a. Complete the Federal Deposit Information Worksheets reflecting electronic deposits (monthly depositor). The employer€™s phone number is (501) 555-7331. Federal deposit liability each pay, $677.68.
b. Employer€™s Quarterly Federal Tax Return, Form 941. The form is signed by you as president on January 31, 2018.
c. Employer€™s Report of State Income Tax Withheld for the quarter, due on or before January 31, 2018.

Quarterly Payroll Data Total Earnings 5 Employees OASDI FIT SIT HI $1,312.50 $271.88 $18,750.00 $1,162.50 $1,875.00 Empl

EMPLOYER'S REPORT OF STATE INCOME TAX WITHHELD ( DO NOT WRITE IN THIS SPACE) CITHHOLDING IDENTITICATION NUTEA MONTH OF O


To be deposited on or before _____________


To be deposited on or before ______________


To be deposited on or before ______________

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Payroll Accounting 2017

ISBN: 978-1337734776

27th edition

Authors: Bernard J. Bieg, Judith Toland

Question Posted: