Selected data from a February payroll register for Gerfield Company are presented below. Some amounts are intentionally
Question:
Selected data from a February payroll register for Gerfield Company are presented below. Some amounts are intentionally omitted
FICA taxes are 8%. State income taxes are 3% of gross earnings.Instructions(a) Fill in the missing amounts.(b) Journalize the February payroll and the payment of thepayroll.
Transcribed Image Text:
State income taxes Union dues Total deductions Net pay Accounts debited: Warehouse wages Store wages Gross earnings: Regular $(3) 100 (4) $8,900 Overtime (1) (2) Total Deductions: FICA taxes Federal income taxes $7,660 $ 800 (5) 1,140 $4,000
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a 1 1100 10000 see 2 below 8900 2 10000 FICA taxes 800 8 3 300 10000 3 4 23...View the full answer
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Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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