(SOLVED) As the accountant for Monroe Trucking

Company you are preparing

As the accountant for Monroe Trucking Company, you are preparing the company's annual
return, Form 940 and Schedule A. Use the following information to complete Form 940 and
Schedule A on pages 5-48 to 5-50.The net FUTA tax liability for each quarter of 2013 was as
follows: 1st, $97.00; 2nd, $87.00;
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As the accountant for Monroe Trucking Company, you are preparing the company's annual
return, Form 940 and Schedule A. Use the following information to complete Form 940 and
Schedule A on pages 5-48 to 5-50.The net FUTA tax liability for each quarter of 2013 was as
follows: 1st, $97.00; 2nd, $87.00; 3rd, $69.70; and 4th, $59.50.Since the net FUTA tax liability
did not exceed $500, the company was not required to make its first deposit of FUTA taxes until
January 31, 2014. Assume that the electronic payment was made on time.a. One of the
employees performs all of his duties in another state-Louisiana.b. Total payments made to
employees during calendar year 2013:Texas . . . . . . . . . . . . . $53,450Louisiana . . . . . . . . . .
22,150Total . . . . . . . . . . . . . $75,600c. Employer contributions into employees' 401(k)
retirement plan: $1,250.d. Payments made to employees in excess of $7,000: $22,150.e. Form
is to be signed by Vernon Scott, Vice President.f. Phone number - (834) 555-5551.(Continue To
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As the accountant for Monroe Trucking Company you are preparing
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