The monthly salaries for December and the year-to-date earnings of the employees of Lincoln Project...
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Accounting
The monthly salaries for December and the yeartodate earnings of the employees of Lincoln Project Company as of November follow. Determine the amount of social security tax to be withheld from each employee's gross pay for December. Assume a percent social security tax rate and an earnings base of $ for the calendar year. Note: Round your answers to decimal places. tabletableEmployeeNumbertableDecemberSalarytableYeartoDateEarningsThroughNovember tableSocialSecurityTaxableEarningsDecembertableSocialSecurity Tax
The monthly salaries for December and the yeartodate earnings of the employees of Lincoln Project Company as of November follow.
Determine the amount of social security tax to be withheld from each employee's gross pay for December. Assume a percent social security tax rate and an earnings base of $ for the calendar year.
Note: Round your answers to decimal places.
tabletableEmployeeNumbertableDecemberSalarytableYeartoDateEarningsThroughNovember tableSocialSecurityTaxableEarningsDecembertableSocialSecurity Tax
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