Question

please make the journal entries for 24 December 2019 if you have the following information:

Officers, sales, and office personnel are salaried employees and are paid monthly on the last day of each month. The delivery truck drivers and warehouse employees are hourly wage employees and are paid biweekly. Each biweekly pay period ends Friday. On the following Monday, your 1 assistant, who maintains the payroll records, provides you with the payroll summary from which you prepare general journal entries to record the biweekly payroll and the employer’s taxes on the payroll. The biweekly employees’ paychecks are distributed on the following day, Tuesday.

The payroll summary for the biweekly pay period ended Friday, December 21 contained the following information:

Delivery and warehouse wages $5,770

FICA taxes withheld 415

Federal income taxes withheld 1,067

State income taxes withheld 225

Net pay $4,063

Employer’s payroll taxes:

FICA taxes $415

Federal unemployment tax –

State unemployment tax –

Issued check No. 1594 for the amount of the net pay and deposited it in the payroll bank account. Individual payroll checks were then prepared for distribution to the biweekly employees on Monday, December 24

Answer 1

please make the journal entries for 24 December 2019 if you have the following information:

Officers, sales, and office personnel are salaried employees

Answers Journal entries. Debir I credit particulars 415 wager ale Dr .15770 TO FICA tax payableak temployer) to Federal income tax payable ale .. To state income tax payable.al To wages payable al ... 1067 225 1. 4063 al or 406 wage payable to Bank Gle 14063 payroll tax expense ale 'Dr 415 415 TO to FICA Tax payable ale Federal unemployment a toux payable al To state . unemployment tax payable ale

4. Fica tax payable ale or Federal income tax ale stole income tax payable ale FICA tax payable (employer)ak. Federal unemployment tax site a payable al.. Stak unemployment fox payable .. TO Bank ale E Note since there were no value given in the question regarding, A Federal unemployment tax payable and e state. unemployment tax payable, so it is shown with Nil Valies : Please like my Answer