Question: Calculating Payroll Taxes Expense and Preparing Journal Entry Selected information from the payroll register of Ebeling's Dairy for the week ended July 7, 20--,

Calculating Payroll Taxes Expense and Preparing Journal Entry Selected information from thepayroll register of Ebeling's Dairy for the week ended July 7, 20--,is shown below. The SUTA tax rate FUTA tax rate is 0.6%,both on the first $7,000 of earnings. Social Security tax on the

Calculating Payroll Taxes Expense and Preparing Journal Entry Selected information from the payroll register of Ebeling's Dairy for the week ended July 7, 20--, is shown below. The SUTA tax rate FUTA tax rate is 0.6%, both on the first $7,000 of earnings. Social Security tax on the employer is 6.2% on the first $128,400 of ea tax is 1.45% on gross earnings. Taxable Earnings

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