Company ABC has two employees. Last week the closing of the weekly payroll period. First employee...
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Company ABC has two employees. Last week the closing of the weekly payroll period. First employee earns $7.25 per hour, worked 38 hours (including two during the lunch period), 10% withheld of "Income Tax" and his accumulated salary so far is $ 6,100. The second employee earns $ 8.50 per hour, worked 48 hours, is withheld from "Income. Tax" 10% and your accrued salary is $ 5,500. Company ABC was requires 5.4% for State Unemployment (SUTA). (30 points) L. Determine the net salary of the employees: Employee 1 Employee 2 Total "Gross Salary Computations: Employee 1: Employer contributions: Employee 1 Salary Stupid Employee 2 Total FUTA Sure Medicare Social YOUR TA Sure Social Inability Contribution on Entry Employee 2: Medicare Inability Salary Net Company ABC has two employees. Last week the closing of the weekly payroll period. First employee earns $7.25 per hour, worked 38 hours (including two during the lunch period), 10% withheld of "Income Tax" and his accumulated salary so far is $ 6,100. The second employee earns $ 8.50 per hour, worked 48 hours, is withheld from "Income. Tax" 10% and your accrued salary is $ 5,500. Company ABC was requires 5.4% for State Unemployment (SUTA). (30 points) L. Determine the net salary of the employees: Employee 1 Employee 2 Total "Gross Salary Computations: Employee 1: Employer contributions: Employee 1 Salary Stupid Employee 2 Total FUTA Sure Medicare Social YOUR TA Sure Social Inability Contribution on Entry Employee 2: Medicare Inability Salary Net
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
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