Journalizing payroll entries. Prepare all the necessary general journal entries for Toronto Manufacturing International, a manufacturer of small engines, for December 19X6.

Transcribed Image Text:

Dec. 6 The weekly payroll for the hourly factory workers totaled $95,620. Deductions: FICA taxes, $6,693; federal income taxes withheld, $12,386. 6 Issued a voucher to pay the net payroll. 6 Recorded payment of the voucher. 13 The weekly payroll for the hourly factory workers totaled $93,710. Deductions: FICA taxes, $6,560; federal income taxes withheld, $12,182. 13 Issued a voucher to pay the net payroll. 13 Recorded payment of the voucher. 20 The weekly payroll for the hourly factory workers totaled $83,850. Deductions: FICA taxes, $5,870; federal income taxes withheld, $10,062. 20 Issued a voucher to pay the net payroll. 20 Recorded payment of the voucher. 27 The weekly payroll for the hourly factory workers totaled $88,420. Deductions: FICA taxes, $6,189; federal income taxes withheld, $10,610. 27 Issued a voucher to pay the net payroll. 27 Recorded payment of the voucher. 31 Recorded distribution of the factory wages earned during the entire month of December. The summary of factory wages showed total direct labor at $323,102 and total indirect labor at $68,708. 31 Recorded the employer's payroll tax liability for the month. FICA taxes totaled $25,312; federal unemployment taxes, $1,567; and state unemployment compen- sation taxes, $10,578.