What is a wage bracket withholding table

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Question: 1. What three items determine the amount deducted from an employee's wages for federal income taxes?

2. What is a wage bracket withholding table?

3. Which of the following items are normally classified as a current liability for a company that has a 15-month operating cycle?

1. Salaries payable.

2. Note payable due in 19 months.

3. FICA taxes payable.

4. Note payable maturing in 3 years.

5. Note payable due in 10 months.

6. Portion of long-term note due in 15 months.

Reference no: EM131534020

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