In january gross earnings in gyro company totaled 70000
Question - In January, gross earnings in Gyro Company totaled $70,000. All earnings are subject to 8% FICA taxes, 5.40% state unemployment taxes, and 0.80% federal unemployment taxes.
Prepare the entry to record January payroll tax expense.
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question - in january gross earnings in gyro company totaled 70000 all earnings are subject to 8 fica taxes 540 state
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