State unemployment tax, Accounting Basics

Assignment Help:

State unemployment tax

This is referred to as SUTA (State Unemployment Tax Act). The taxes are paid to the state in which employer conducts business. This rate varies from state to state. (Up to $7,000 of wages).

 


Related Discussions:- State unemployment tax

Difference between billable and non-billable expenses, Billable expenses ar...

Billable expenses are those expenses incurred by you on behalf of your client in performing duties / supply and service. These expenses are recoverable from your customer by way of

Learning objectives of trial balance, Q. Learning objectives of trial balan...

Q. Learning objectives of trial balance? - The cash basis of accounting know revenues when cash is received and recognizes expenses when cash is paid out. - The accrual basi

Accounting, I purchased equipment for 3,000 but only paid 1,000 of it and p...

I purchased equipment for 3,000 but only paid 1,000 of it and put rest of it on an account. how would I put that into a asset=liabilities+ owns equity equation?

What are accrued items explain with example, Q. What are Accrued items expl...

Q. What are Accrued items explain with example? Delayed items consist of two types of adjusting entries asset/expense adjustments and liability/revenue adjustments. For instanc

What is timeliness, Q. What is Timeliness? The Timeliness requires acco...

Q. What is Timeliness? The Timeliness requires accountants to provide accounting information at a time when it perhaps considered in reaching a decision. Usefulness of informat

FNSACC501 – Provide financial and business performance infor, Part 1: Stude...

Part 1: Students should consult with appropriate personnel in order to undertake an assessment of the client’s financial needs. Students must undertake an interview / consultation

Journalizing payroll transactions, journalizing payroll transactions, for K...

journalizing payroll transactions, for Keller Systems;Inc, paid cash for april's payroll tax liability. withheld taxes from april payrolls; employee income tax,$532.00; social se

The major difference in the statement of retained earnings, The major diffe...

The major difference in the statement of retained earnings between a service business and a  Merchandising business is  A. that the retained earnings statement of a merchandisi

Ledger, “Ledger is said to be the principal book entry and the transactions...

“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”

Pattillo industries makes a product that sells, Pattillo Industries makes a...

Pattillo Industries makes a product that sells for $25 a unit. The product has a $5 per unit variable cost and total fixed costs of $9,000. At budgeted sales of 1,000 units, the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd