Sara earns a stipend of 8000 per month during the year.FICA taxes are 8% on the first 75000 of gross earnings.Federal job loss insurance taxes are 6.2% of the first 7000; however, a credit is allowed equal to thestate unemplyment insurance taxes of 5.4% on the 7000.During the year, 24000 was withheld for fedral income taxes and 5300 be withheld for state income taxes. I'm sorry this is the correct question
A. Prepare a publication summarizing the payment of sara's total take-home pay during the year?
b.Prepare a journal summarizing the employer payroll due expense on sara's salary for the year?
c. determine the cost of employ sara's for the year ?
Answers: Be careful babble, I got within trouble for giving a similar response.
a. 96000
b. dr payroll
cr. cash
c. 103000
There are my answers. Not sure if they are correct or not.
Resolved Questions:
Can anyone provide websites which provide info on import tax or biz incentives contained by Asia?
Did relations who file near TT, have a RAL and rec'd their stimulus, not catch their child credit?
I construct around 6240$ a year. Do I enjoy to pay packet income rates?
If i flog my business for 100,000 profit can i hold the money put directly into annuities so we solitary foot tariff?
If the highway are funded w/gas toll $$ & we trade smaller amount gas will the gov make higher import tax to correct the difference?
A. Prepare a publication summarizing the payment of sara's total take-home pay during the year?
b.Prepare a journal summarizing the employer payroll due expense on sara's salary for the year?
c. determine the cost of employ sara's for the year ?
Answers: Be careful babble, I got within trouble for giving a similar response.
a. 96000
b. dr payroll
cr. cash
c. 103000
There are my answers. Not sure if they are correct or not.
Resolved Questions: