Business, 21.06.2020 01:57 kaylamorris05
Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 15 - 31.
Gross payroll $19,676
Federal income tax withheld $3,438
Social security rate 6%
Federal unemployment tax rate 0.8%
Medicare rate 1.5%
State unemployment tax rate 5.4%
Salaries Payable would be recorded in the amount of
a) $15,018.09
b) $13,542.39
c) $14,762.30
d) $19,676.00
Answers: 2
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Assuming no employees are subject to ceilings for their earnings, Harris Company has the following i...
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