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5 [Para. 4-a-5] General Fund payrolls for the year totaled: $ 3,402,150 From this amount, the following was withheld: Employees' federal income taxes (420,080) Employees'
| 5 | [Para. 4-a-5] General Fund payrolls for the year totaled: | $ 3,402,150 | |||||
| From this amount, the following was withheld: | |||||||
| Employees' federal income taxes | (420,080) | ||||||
| Employees' share of FICA taxes: | (259,610) | ||||||
| Employees' state income taxes | (152,690) | ||||||
| Remaining amount paid to employees: | $ 2,569,770 | ||||||
| The City of Corvallis does not record encumbrances for payrolls. The payrolls were | |||||||
| chargeable against the following functions appropriations: | |||||||
| General Government | $ 423,970 | ||||||
| Public Safety | 1,791,670 | ||||||
| Public Works | 545,460 | ||||||
| Health and Welfare | 353,930 | ||||||
| Culture and Recreation | 287,120 | ||||||
| Total | $ 3,402,150 | ||||||
| Required: | Make summary journal entries for payroll in both the General Fund and | ||||||
| governmental activities general journals for the year. | |||||||
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