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Business, 14.11.2019 05:31 kobiemajak

During january, luxury cruise lines incurs employee salaries of $3 million. withholdings in january are $229,500 for the employee portion of fica, $450,000 for federal income tax, $187,500 for state income tax, and $30,000 for the employee portion of health insurance (payable to blue cross blue shield). the company incurs an additional $186,000 for federal and state unemployment tax and $90,000 for the employer portion of health insurance. record the employer payroll taxes.

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During january, luxury cruise lines incurs employee salaries of $3 million. withholdings in january...

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