Question: Instructions: Form UCT - 1 0 1 Use the provided financial information from a sample company, for the 4 th quarter of the year, to
Instructions: Form UCT Use the provided financial information from a sample company, for the th quarter of the year, to assist you in providing the required amounts. Assume a tax rate decimal of for this example. Please remember, you can also reference resources from other courses you have completed in your Accounting Program to assist you in completing the work. Your work will be performed in accordance with current laws and regulations. You need to provide the following items in the yellow highlighted spaces on the template, Round your answers to the nearest dollar: Identify the defined taxable payroll amount for the th quarter per Form UCT calculations. Identify the tax due amount for the th quarter per Form UCT calculations. Companany Information Number of Employees: Taxable Soial Security Wages for the th qtr$ Portion of Current liabilities, Balance Sheet, yearended Dec. xx Note: K program started in th qtrcompany matches of employee contributions K Payable$FICA Payable$FIT Payable$FUTA Payable$Wages Payable$ SUI Payable $SIT Payable$Sales Tax Payable$
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