The employees of Carson Bakery Company earn total wages of 7,780 during January. The total...
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Accounting
The employees of Carson Bakery Company earn total wages of 7,780 during January. The total amount is taxable under FICA, FUTA, and SUTA. The state contribution rate for the company is 43.%. The amount withheld for federal income taxes is 998. Journalize the payment of the monthly wages, and record the payroll taxes.
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