Solution-Record the employers payroll taxes

Record the employers payroll taxes

Reference no: EM13511785

In January, the payroll supervisor determines that gross earnings for Halo Company are $70,000. All earnings are subject to 8% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes. Halo asks you to record the employer's payroll taxes.

Reference no: EM13511785

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Record the employers payroll taxes : In January, the payroll supervisor determines that gross earnings for Halo Company are $70,000. All earnings are subject to 8% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes. Halo asks you to record the employer's ..

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Record the employers payroll taxes

Reference no: EM13511785

Reference no: EM13511785

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