Sandhill Companys payroll for December 2017 is summarized below. Amount Subject to Unemployment Taxes Payroll Wages Due
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Question:
Amount Subject to Unemployment Taxes | ||||||
---|---|---|---|---|---|---|
Payroll | Wages Due | Federal | State | |||
Headquarters | $210,000 | $27,000 | $7,000 | |||
Sales Office #1 | 57,000 | 7,000 | 2,000 | |||
Sales Office #2 | 47,000 | 4,000 | 1,000 | |||
Total | $314,000 | $38,000 | $10,000 |
Headquarters | $21,000 | |
Sales Office #1 | 24,000 | |
Sales Office #2 | 19,000 |
Prepare a schedule showing the employer’s total cost of wages for November by function.
Prepare the journal entries to record the factory, sales, and administrative payrolls including the employer’s payroll taxes
Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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