Leinart company had taxable wages suta and futa totaling


Question - Leinart Company had taxable wages (SUTA and FUTA) totaling $175000. During the year, the company was late in paying its state contributions of 3.6% and is, therefore, subject to the FUTA credit reduction. Determine the amount of net FUTA tax?

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Accounting Basics: Leinart company had taxable wages suta and futa totaling
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