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He is comment is incorrect.
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A company legally only has to pay overtime on any hours worked over 40 hour. Your employers answer was correct.
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The same percentages 6.2% and 1.45% are withheld from the wages for the employees portion. The employer and employee pay the same percentages.
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I am from PA, but would guess it works the same in other states. Your SUTA rate is based on how frequently you lay off employees. If you rarely lay off employees your rate will be low. If you lay...
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Cash payment
(Debit) Supplies Expense 750.00
(Credit) Cash 750.00
Charge payment
(Debit) Supplies Exp. 750.00
(Credit) Accounts Payable 750.00
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