Using the payroll register from P7-1A for Charles Cleaners, complete the General Journal Entry for the employers
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Using the payroll register from P7-1A for Charles’ Cleaners, complete the General Journal Entry for the employer’s share of the payroll taxes for the July 14 pay date. Assume 5.4% SUTA Tax, and 0.6% FUTA tax rates and $1,352.40 is subject to FUTA/SUTA taxes.
In Problem P7-1A
Charles Merrill owns a housekeeping service, Charles’ Cleaners, in Florida. For the weekly payroll endingJuly 14, 2017, checks dated July 18, 2017, complete the payroll register. Use the wage bracket method in the federal tax table in Appendix C. No employee has exceeded the Social Security tax wage base. Total, prove, and rule the entries.
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Related Book For
Payroll Accounting 2018
ISBN: 978-1259742514
4th edition
Authors: Jeanette Landin, Paulette Schirmer
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