The payroll accountant for Moore Industries recorded the fol…
The payroll accountant for Moore Industries recorded the following employer’s share payroll tax general journal entry for the February 10 pay date: Date Account Title Debit Credit February 10 Payroll Taxes Expense $ 22,503.74 Social Security tax payable 10,221.48 Medicare tax payable 2,390.51 FUTA tax payable ? SUTA tax payable 8,902.58 What is the amount of the FUTA tax payable?
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