Thomas Longbow is the only employee of Presido, Incorporated During the first week of January, Longbow earned $3,800.00 and had federal and state income tax withholdings of $190.00 and $71.25, respectively. FICA taxes are 7.65% on earnings up to $132,900. State and federal unemployment taxes for the period are $237.50 and $38.00, respectively. What would be the amount of Longbow's payroll check for the first week of January?

Thomas Longbow is the only employee of Presido, Incorporated During the first week of January, Longbow earned $3,800.00 and had federal and state income tax withholdings of $190.00 and $71.25, respectively. FICA taxes are 7.65% on earnings up to $132,900. State and federal unemployment taxes for the period are $237.50 and $38.00, respectively. What would be the amount of Longbow's payroll check for the first week of January?

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 6E: On January 21, the column totals of the payroll register for Great Products Company showed that its...

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