In order to confirm the previous clerk's payroll calculations, you have been asked to supply the following amounts based on your review of the payroll entries. These amounts will be checked against the company records and investigated further if necessary. 1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll. 2. What is the total payroll for Copperfield and Company shown in these journal entries? 3. What is Copperfield and Company's share of FICA taxes in this payroll? 4. How much has Copperfield and Company contributed to employee 401k plans in this payroll?

College Accounting (Book Only): A Career Approach
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Chapter8: Employer Taxes, Payments, And Reports
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In order to confirm the previous clerk's payroll calculations, you have been asked to supply the following amounts
based on your review of the payroll entries. These amounts will be checked against the company records and
investigated further if necessary.
1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll.
2. What is the total payroll for Copperfield and Company shown in these journal entries?
3. What is Copperfield and Company's share of FICA taxes in this payroll?
4. How much has Copperfield and Company contributed to employee 401k plans in this payroll?
Transcribed Image Text:In order to confirm the previous clerk's payroll calculations, you have been asked to supply the following amounts based on your review of the payroll entries. These amounts will be checked against the company records and investigated further if necessary. 1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll. 2. What is the total payroll for Copperfield and Company shown in these journal entries? 3. What is Copperfield and Company's share of FICA taxes in this payroll? 4. How much has Copperfield and Company contributed to employee 401k plans in this payroll?
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