Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter13: Accounting For Payroll And Payroll Taxes
Section13.2: Recording Employer Payroll Taxes
Problem 1AYU
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![If a 6.2% Social Security tax is applied to a wage of $87,500, the amount of Social Security tax
to be paid is:
(1 Doint)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb8a8da77-9f04-4511-b9d9-b7e746f1af1d%2F4ae794c2-ca31-4b2b-9d82-1b03c610170e%2F1og5uev_processed.jpeg&w=3840&q=75)
Transcribed Image Text:If a 6.2% Social Security tax is applied to a wage of $87,500, the amount of Social Security tax
to be paid is:
(1 Doint)
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