Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. cakulation and journal entry for empleyer payroll

Cakulation and Journal Entry for Empleyer Payroll Taxes Earnings for several employees for the...

80.2K

Verified Solution

Question

Accounting

Cakulation and Journal Entry for Empleyer Payroll Taxes
Earnings for several employees for the week ended March 12,20%, are as follows:
Calculate the employers payroll taxes expense for the week ended March 12,20--, assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Medicare tax is 1.45%.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

x x 5 x 2 0 Step 1 of 2 Write the polynomial inequality in...

Algebra
Q

johnson and johnson companye Does the auditors' report give any information about how the audit...

Accounting
Q

Question 9 (1 point) Cuono Mining Co. purchased a mine for $7.5 million that is...

Accounting
Q

You have been assigned to compute the income tax provision for Tulip City Flowers Inc....

Accounting
Q

The following tables contain financial statements for Dynastatics Corporation. Although the company has not been...

Accounting
Q

Operating income under variable costing is contribution margin minus Select one: a. variable selling and...

Accounting
Q

Presented below is information related to equipment owned by Nash Company at December 31, 2020....

Accounting
Q

Help Save & E Consider making an investment of $8,200 each year. If the first...

Accounting
Q

Determine the Expected return plz send me the answer with in 30 or less ...

Accounting
Q

11. Aeron Corp uses WA (weighted-average) method in its process costing system. Data concerning the...

Accounting
Q

Femando Designs is considering a project that has the following cash flow and WACC data....

Finance
Q

Q3: Freddy is provided with use of a Jaguar car (Registered in April 2021) by...

Accounting