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Explain promotional pricing and provide examples of this strategy.
Federal Unemployment Taxes
Taxes imposed on employers to fund the federal government's oversight and support of state unemployment insurance programs.
Employer
An individual or organization that hires and pays for the services of employees in exchange for their labor.
General Journal Entry
A record in the accounting journal that represents a specific financial transaction, detailing the accounts affected and the amounts involved.
Payroll
The total amount of wages, salaries, bonuses, and deductions a business pays to its employees.
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