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Business, 16.12.2019 19:31 ri069027

Cal ruther, an employer, is subject to fica taxes but exempt from futa and suta taxes. during the last quarter of the year, his employees earned monthly wages of $8,500, all of which is taxable. the amount of federal income taxes withheld each month is $1,040. journalize the payment of wages, and record the payroll tax on november 29.

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