Solution-Prepare the entry to record january payroll tax

Prepare the entry to record january payroll tax expense

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In February, gross earnings in Wine Company totaled $50,000. All earnings are subject to 8% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes. Prepare the entry to record January payroll tax expense.

Reference no: EM132204064

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Prepare the entry to record january payroll tax expense

Reference no: EM132204064

Reference no: EM132204064

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