Emma's Hats, Inc payroll records for the Jan 1-14 pay period show that employees eamed...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Emma's Hats, Inc payroll records for the Jan 1-14 pay period show that employees eamed wages totaling $26196. Employ was directly deposited into the employees' bank accounts. Assume Emma's Hats must also pay $795 of unemployment tax The total credit to Federal Income Tax Payable for Emma will be: aat employeos eamed wages totaling $26196. Employee income taxes totaling $4562 and FCCA taxes totaling $2255 were withhald from this amount. The net nma's Hats must also pay $795 of unemployment taxes for this pay period
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: Zin AI - Your personal assistant for all your inquiries!