2.

The employees of Donnelly Music Company earn total wages of $5,910 during January. The total amount is taxable under FICA, FUTA, and SUTA. The state contribution rate for the company is 3.6%. The amount withheld for federal income taxes is $887.

Journalize the payment of the monthly wages, and record the payroll taxes.

If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent.

3.

Kip Bowman is owner and sole employee of KB Corporation. He pays himself a salary of $1,600 each week.

Additional tax information includes:

FICA taxOASDI 6.2% on first $132,900

FICA taxHI 1.45% on total pay

Federal income tax $240.00 per pay

State income tax 22% of the federal income tax withholding

Federal unemployment tax 0.6% on first $7,000

State unemployment tax 0.05% on first $14,000

Additional payroll deductions include:

401(k) plan 3% per pay

Child support garnishment $115 per pay

Health insurance premium $90 per pay

Record the payroll entry and payroll tax entry for the pay of the week ended June 7 (his year-to-date pay is $33,600).

If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent.

4.

On December 31, Reuter Company has a balance of $118.00 in the FUTA taxes payable account. This represents the employer's liability for the fourth quarter taxes.

Journalize the entry Reuter Company should make in January to record the last transfer (payment) of FUTA taxes.

If an amount box does not require an entry, leave it blank.

the fillins on this one is

FUTA Taxes Payable:

Cash:

5.

On December 31, 20--, Karmansky Company needed to record its accrued wages for year-end. If December 31 is a Wednesday, then Karmansky Company must account for three days of wages.

The company operates on a five-day workweek, the prior week's gross pay was $30,300, and the net pay was $19,700.

Journalize the adjusting entry to be made on December 31 for the accrued wages.

If an amount box does not require an entry, leave it blank.

6.

At the end of April, Hernandez Company had a balance of $36,320 in the vacation benefits payable account. During May, employees earned an additional $2,790 in vacation benefits, but some employees used vacation days that amounted to $2,100 of the vacation benefits. The $2,100 was charged to Wages Expense when it was paid in May. What adjusting entry would Hernandez Company make at the end of May to bring the vacation benefits payable account up to date?

If an amount box does not require an entry, leave it blank.

Account Debit Credit Payment of monthly wages Wages Expense FICA Taxes Payable-OASDI FICA Taxes Payable-HI Employees FIT Payable Cash Payroll taxes Payroll Taxes FICA Taxes Payable-OASDIV FICA Taxes Payable-HIV FUTA Taxes Payable SUTA Taxes Payable v Debit Credit Account Payment of wages Wages Expense FICA Taxes Payable-OASDI V FICA Taxes Payable-HIV Employees FIT Payable Employees SIT Payable Retirement Plan Contributions Payable Garnishment Payable Health Insurance Premiums Payable Cash III III Payroll taxes Payroll Taxes FICA Taxes Payable-OASDIV FICA Taxes Payable-HIV Account Debit Credit Account Debit Credit Wages Expense Wages Payable Account Debit Credit Vacation Benefits Expense Vacation Benefits Payable