Following are payroll deductions for Mars Co. Classify each payroll deduction as either a voluntary or involuntary
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Following are payroll deductions for Mars Co. Classify each payroll deduction as either a voluntary or involuntary deduction. Record a (V) for voluntary and an (I) for involuntary.
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Payroll Deduction FICA Social Security Tax Vacation pay 401(k) retirement plan contribution Charitable contributions Federal Unemployment Tax (FUTA) Health insurance plan contribution FICA Medicare Tax State Unemployment Tax (SUTA) Voluntary (V) or Involuntary (I)?
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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