answers for E11-12 please y is subject to 54% state unemployment taxes and 0.8% federal on...
EI1.11 (LO 3) Ramirez Company has the following data for the weekly payroll ending January 31. Federal Income Tax Withholding $34 37 58 Health Insurance $10 25 25 Hours Hourly Employee L. Helton R. Kenseth 8 8 8 8 8 2 D. Tavaras 9 10 8 8 9 0 M T W TF S Rate 8 8 9 8 10 3 $12 14 15 Employees are paid 112 times the regular hourly rate for all hours worked in excess of...
please help Question 6 Selected data from a March payroll register for Sure Company are presented below. Some amounts are intentionally omitted Gross earnings Regular $24,000 State income taxes $(3) Overtime Union dues 200 Total (2) Total deductions Doductions: Net pay $23,540 FICA taxes $2,340 Accounts debited: Federal income taxes 2,000 Salarios/wages expense FICA taxes are 8% State income taxes are 4% of gross earnings. Instructions (a) Fill in the missing amounts. (b) Journalize the February payroll and the payment...
Question 6 Selected data from a March payroll register for Sure Company are presented below. Some amounts are intentionally omitted Gross earnings: Regular $24,000 State income taxes $(3) Overtime 200 Union dues (1) Total Total deductions Doductions: Net pay $23,540 FICA taxes $2,340 Accounts debited: Federal income taxes 2,000 Salaries/wages expense (2) FICA taxes are 8%. State income taxes are 4% of gross earnings. Instructions (a) Fill in the missing amounts. (b) Journalize the February payroll and the payment of...
Moving to another question will save this response. Question Selected data from a March payroll register for Sure Company are prosented below. Bome amounts are intentionally omitted. Gross earnings Regular Overtime $(3) 200 State income taxes $24,000 (1) (2) Union dues Total deductions (4) Total Deductions: $23,540 Net pay Accounts debited: $2,340 2,000 FICA taxes (5) Salaries/wages expense Federal income taxes FICA taxes are 896. State income taxes are 4% of gross earnings. Instructions Fill in the missing amounts. (a)...
Moving to another question will save this response Question Selected data from a Maroh payroll register for Sure Company are presented below. Bome amounts are intentionally omie Gross earnings: Regular $24,000 State income taxes $(3) Overtime (1) Union dues 200 Total Total deductions Doductions: Net pay $23,540 FICA taxes $2,340 Accounts debited: Federal income taxes 2,000 Salaries/wages expense FICA taxes are 8%. State income taxes are 4% of gross earnings. Instructions (a) Fill in the missing amounts. (b) Journalize the...
Assume a weekly payroll of $75,000 entirely subject to F.LC.A, and Medicare (7.65%), federal (0.8%) and state (4%) unemployment taxes, with income tax withholding of $1,520 and union dues of $99 deducted. Journal entry to record salaries and wages paid: GENERAL JOURNAL PAGE 1 DEBIT CREDIT DATE DESCRIPTION PR. Assume a weekly payroll of $75,000 entirely subject to FJ.C.A. and Medicare (7.65%), federal (0.8%) and state (4%) unemployment taxes, with income tax withholding of S1,520 and union dues of $88...
Amount Subject to Payroll Taxes Unemployment Tax Payroll Wages Due FICA Federal State Factory $122,200 $122,200 $36,200 $36,200 Sales 33,500 33,500 3,900 3,900 Administrative 35,500 35,500 xxxx xxxx Total $191,200 $191,200 $40,100 $40,100 At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee’s wages to $118,500 and 1.45% in excess of $118,500. Of...
"uestion 6 200 Selected data from a March payroll register for Sure Company are presented below. Some amounts are intention Gross earnings: Regular $24,000 State income taxes $(3) Overtime (1) Union dues Total Total deductions Deductions: Net pay $23,540 FICA taxes $2,340 Accounts debited: Federal income taxes 2,000 Salaries/wages expense FICA taxes are 8%. State income taxes are 4% of gross earnings. nstructions B) Fill in the missing amounts. Journalize the February payroll and the payment of the payroll. or...
ulver Hardware Company’s payroll for November 2017 is summarized below. Amount Subject to Payroll Taxes Unemployment Tax Payroll Wages Due FICA Federal State Factory $123,500 $123,500 $39,500 $39,500 Sales 30,800 30,800 4,000 4,000 Administrative 36,000 36,000 Total $190,300 $190,300 $43,500 $43,500 At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee’s wages to...
Crane Hardware Company's payroll for November 2017 is summarized below. Amount Subject to Payroll Taxes Unemployment Tax Wages Due Federal Payroll Factory Sales Administrative FICA State $36,900 3,900 $124,400 $124,400 31,100 31,100 37,200 37,200 $192,700 $192,700 $36,900 3,900 Total $40,800 $40,800 At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee's wages to...