Payroll information for Kinzer's Interior Decorating for the first week in October is as follows:
Taxable earnings for FICA-
Taxable earnings subject to Federal and State Unemployment taxes: $5,000
Assume the following tax rates:
Required: Prepare the payroll tax expense entry.

Question

Payroll information for Kinzer's Interior Decorating for the first week in October is as follows:
  Taxable earnings for FICA-
  Taxable earnings subject to Federal and State Unemployment taxes: $5,000
Assume the following tax rates:
  Required: Prepare the payroll tax expense entry.

Quizplus · Accepted Answer

The Answer of Payroll information for Kinzer's Interior Decorating for the first week in October is as follows:
  Taxable earnings for FICA-
  Taxable earnings subject to Federal and State Unemployment taxes: $5,000
Assume the following tax rates:
  Required: Prepare the payroll tax expense entry.

Payroll Information for Kinzer's Interior Decorating for the First Week