Solution-Prepare the entry to record February payroll tax

Prepare the entry to record February payroll tax expense

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Question - In February, gross earnings in Napoli Company totaled $75,000. All earnings are subject to 7.65% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes. Prepare the entry to record February payroll tax expense.

Reference no: EM132537247

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Prepare the entry to record February payroll tax expense : In February, gross earnings in Napoli Company totaled $75,000. All earnings are subject to 7.65% FICA taxes, Prepare the entry to record February payroll tax

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Prepare the entry to record February payroll tax expense

Reference no: EM132537247

Reference no: EM132537247

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