In preparation for recording the transactions, prepare: Calculations for employer payroll taxes liabilities for October,...
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Accounting
In preparation for recording the transactions, prepare: Calculations for employer payroll taxes liabilities for October, November, and December: OASDI: 6.2% on first $ 118,500 earned; Medicare: 1.45%; SUTA:5.4% on first $ 7,000 earned; FUTA: 0.6% on first $ 7,000 earned. (Round your answers to the nearest cent.) Begin by preparing the calculations for employer payroll taxes liabilities for October
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