Refer to Exercise 7A-3 and assume that the state changed Bowling Company?s SUTA tax rate to 4.6%.
Question:
Refer to Exercise 7A-3 and assume that the state changed Bowling Company?s SUTA tax rate to 4.6%. What effect would this change have on the total payroll tax expense?
Exercise 7A-3
From the following information, calculate the payroll tax expense for Bowling Company for the payroll of April 9:
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Employee Cumulative Earnings Before Weekly Payroll Gross Pay for the Week H. Adams $3,900 $825 L. Karson 6,700 675 F. Mason 7,600 260
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College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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