Calculate federal payroll deduction by entering a formula, Ask an Expert

Accounting

find out Federal payroll deduction by entering a formula that multiplies gross pay - cell E3 time's Federal Payroll percent cell C5 and place the answer in cell D5. Do this for Social security and State Payroll percent placing the answers in cells D6 and D7. Create a formula that adds these taxes and place the answer in cell E8. Subtract gross pay cell E3 from total tax in cell E8 and place the answer in cell ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M961122

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