Vulcan company is a monthly depositor whose tax liability


Vulcan Company is a monthly depositor whose tax liability for march is $2,505.
1.what is the due date for the deposit of these taxes?
2. Assume that no deposit was made until May 2. Compute the following penalties:
a. penalty for failure to make timely deposit.
b. penalty for failure to fully pay tax.
c. interest on taxes due and unpaid.
d. total penalty imposed.

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Accounting Basics: Vulcan company is a monthly depositor whose tax liability
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