The information listed below refers to the employees of Lemonica Company for the year ended December 31,2019. The wages are separated into the quarters in which they were paid to the individual employees.  For 2019, State D's Contribution rate for lemonica company based on the experience-rating  system of the state, WAs 2.8 of firs $7000 of each employees earnings. The state tax returns are due one month after the end of each calender quarter. During 2019 the company paid $2,214.80 of contributions to state D's unemployment fund. Employer's phone number: (613)555-0029. Employer's State D reporting number 00596. Using The forms supplied on pages 5-44 to 5-46 complete the following for 2019 a. Date and amount of the FUTA tax payment for the fourth qurter of 2019( State D is not a credit reduction state) Tax payment: Date____________  Amount $____________ b. Employer's report for Undemployment compensation, State D-4th Quarter only. Item 1 is the number of employees employed in the pay period that includes the 12th of each month in the quarter. For Lemonica Company the number of employees is eight in October, Seven in November, and eight in December. All employees earned 13 credit weeks during the last quarter except for rooks (8) and Tyler(9) c. Employers Annual Federal Unemployemnt (FUTA) Tax Return form 940 Indicate on each form the date tha the form should be submitted and the amount of money that must be paid. The president of the company prepares and signs all tax forms.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The information listed below refers to the employees of Lemonica Company for the year ended December 31,2019. The wages are separated into the quarters in which they were paid to the individual employees. 

For 2019, State D's Contribution rate for lemonica company based on the experience-rating  system of the state, WAs 2.8 of firs $7000 of each employees earnings. The state tax returns are due one month after the end of each calender quarter. During 2019 the company paid $2,214.80 of contributions to state D's unemployment fund.

Employer's phone number: (613)555-0029. Employer's State D reporting number 00596.

Using The forms supplied on pages 5-44 to 5-46 complete the following for 2019

a. Date and amount of the FUTA tax payment for the fourth qurter of 2019( State D is not a credit reduction state)

Tax payment:

Date____________  Amount $____________

b. Employer's report for Undemployment compensation, State D-4th Quarter only. Item 1 is the number of employees employed in the pay period that includes the 12th of each month in the quarter. For Lemonica Company the number of employees is eight in October, Seven in November, and eight in December. All employees earned 13 credit weeks during the last quarter except for rooks (8) and Tyler(9)

c. Employers Annual Federal Unemployemnt (FUTA) Tax Return form 940

Indicate on each form the date tha the form should be submitted and the amount of money that must be paid. The president of the company prepares and signs all tax forms.

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