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Business, 26.07.2019 03:30 karnun1201

Bloy corp.’s payroll for the pay period ended october 31, year 4, is summarized as follows: amount of wages federal income subject to depart- payroll taxes ment total tax unemploy- payroll wages withheld fica ment factory $ 60,000 $ 7,000 $56,000 $18,000 sales 22,000 3,000 16,000 2,000 office 18,000 2,000 8,000 -- $100,000 $12,000 $80,000 $20,000 assume the following payroll tax rates: fica for employer and employee 7% each unemployment 3% what amount should bloy accrue as its share of payroll taxes in its october 31, year 4, balance sheet?

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Bloy corp.’s payroll for the pay period ended october 31, year 4, is summarized as follows: amount...

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