5. PAY ROLL PROBLEM

Belinda West has earned gross pay of $420 for the current

payroll period. She authorizes a $10.00 per pay period

deduction for health insurance. Belinda also pays 8% for

federal income taxes, 4% for state income taxes and 6.2% of

her salary for social security taxes and 1.45% for medicare

taxes. Assume that Belinda has not reached the base limits

for any tax rate. Also assume the Unemployment Tax rates are

5.4% for state and .6% for federal.

1. Record the journal entry for Belinda West's employer to

record her payroll.

DEBIT CREDIT

2. Record the journal entry to record the payroll tax expense for Belinda Wests employer.

DEBIT CREDIT