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    Payroll Accounting 2020 Study Set 2
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    Exam 6: Analyzing and Journalizing Payroll
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    Since the Credit Against the FUTA Tax (For SUTA Contributions)
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Since the Credit Against the FUTA Tax (For SUTA Contributions)

Question 68

Question 68

True/False

Since the credit against the FUTA tax (for SUTA contributions) is made on Form 940, the employer's payroll tax entries should include the FUTA tax at the gross amount (6.0%).

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