Doug, an employee of Cayman Travels Company, has gross salary for March of $4,000. The entire amount is under the OASDI limit of $118,500, and thus subject to FICA. His year-to-date pay has already exceeded the $7,000 cap for FUTA and SUTA. Provide the journal entry to record the employer's payroll taxes. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Omit explanation.
What will be an ideal response?
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Indicate the correct form of the adjective or adverb in parentheses. Use more or most, when appropriate, instead of less or least. Outliers is the (recent) book Janine recommended
_____________ is the integration of economy, trade, and finance on an international scale.
a. Globalization b. Sovereignization c. Internationalization d. Nationalization
Exchange rates are reported as fractions with the ________ in the denominator and the ________ in the numerator
A) counter rate; base rate B) base rate; counter rate C) foreign currency; domestic currency D) domestic currency; foreign currency
Investing in employees to foster a sense of mutual accountability and encouraging the free airing of issues ______________________
a. can strengthen the organization’s ethical culture. b. reduces the need for antiquated audit trails. c. enhances workers’ likelihood to complain. d. lowers the risk of offshoring.