this is one question has 2 parts I. Fincant the...
70.2K
Verified Solution
Link Copied!
Question
Accounting
this is one question has 2 parts
I. Fincant the parroll for March induding employee deductione: Salaries and wages eamed, 1470,000; Croploret income taxes withheld, 143,475; FiCA taxes withheld, $33,605; Unemployment taxes, $3.265. I Recond the emplover's FICA taxes and unemployment taxes: Salaries and wages earned, \$470,000: Employee income taxes withheld, \$43,475; ficA taxes withheld, \$33,605; Unemployment taxes, \$3,265. Note i O = joumal entry has been entered compary for March. and-record employer's FICA taxes and unemployment taxes. Complete this question by entering your answers in the tabs below. Considering both employee and employer payroll taxes, use the preceding information to calcutete the total tabor cost for the company for March
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!