This topic contains a solution. Click here to go to the answer

Author Question: Charles Williams owns Lake Shore Collectibles, a small shop with three employees. For one payroll ... (Read 77 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
Charles Williams owns Lake Shore Collectibles, a small shop with three employees. For one payroll period the total withholding tax for all employees was $1793. The total employee's Social Security tax was $673. The total employee's Medicare tax was $157. How much tax must Charles deposit as the employer's share of Social Security tax and Medicare tax? What is the total tax that must be deposited?
◦ Employer's share of Social Security and Medicare tax = $654
Employer's tax deposit = $3453
◦ Employer's share of Social Security and Medicare tax = $830
Employer's tax deposit = $3277
◦ Employer's share of Social Security and Medicare tax = $811
Employer's tax deposit = $1641
◦ Employer's share of Social Security and Medicare tax = $830
Employer's tax deposit = $3453


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by luvbio on Feb 26, 2020

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly




luvbio

  • Member
  • Posts: 623
Reply 2 on: Feb 26, 2020
Thanks for the timely response, appreciate it


aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library