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4. Using the chart of accounts in Figure 2-1, Determine the changes to the balance sheet, income statement, job cost ledger and equipment ledger as

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4. Using the chart of accounts in Figure 2-1, Determine the changes to the balance sheet, income statement, job cost ledger and equipment ledger as the result of paying a $5,000 invoice for concrete charged to job cost code 302.01.02620M, $2,273.80 for federal employee taxes, and $1,732 for health insurance. The invoices were previously entered into accounting system Employee (S) 4 Total Employer's Costs Wages Social Security Medicare SUTA FUTA Liability Insurance 1,850.00 114.70 600.00 37.20 8.70 18.00 4.80 12.00 54.00 40.00 38.92 813.62 400.00 24.80 5.80 12.00 3.20 8.00 36.00 40.00 29.79 559.59 350.00500.00 31.00 7.25 15.00 4.00 10.00 15.00 40.00 33.20 496.09655.45 21.70 5.08 10.50 2.80 7.00 31.50 40.00 27.51 26.83 55.50 14.80 37.00 136.50 160.00 129.42 Workers' Comp Health Insurance Vacation Total 2,524.75 Employee Deductions Social Security Medicare 114.70 26.83 156.90 21.70 5.08 37.20 8.70 59.85 36.00 24.80 5.80 29.85 24.00 7.25 22.35 I 44.85 30.00 60.00 173.10 Federal Withholdings State Withholdings 60.00 130.13 60.00 649.43 Health Insurance Total 201.75 144.45

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