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As of January 31, 20X5, Qian Company has paid $40,000 in wages. None of its...

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Accounting

As of January 31, 20X5, Qian Company has paid $40,000 in wages. None of its employees have accumulated $7,000 in wages to date, and Qian is eligible for the full FUTA credit. What is Qians FUTA liability as of January 31, 20X5? A $42 B $0 C $240 D $2,400

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