a Cal Ruther, an employer, is subject to FICA taxes but exempt from FUTA and SUTA taxes During the last quarter of the year, his employees earned monthly wages of $8,400, all of which is taxable The amount of federal income taxes withheld each month is $1,090 Journalize the payment of wages, and record the payroll tax on November 30 If an amount box does not require an entry, leave it blank When required, round your answers to the nearest cent AccountDebitCreditNov 30Cash FICA Taxes Payable HI FICA Taxes Payable OASDI Payroll Taxes Wages Expense FICA Taxes Expense OASDI FICA Taxes Payable OASDI Payroll Taxes SUTA Taxes Payable Wages Expense FICA Taxes Expense HI FICA Taxes Payable HI Payroll Taxes SUTA Taxes Payable Wages Expense Employees FIT Expense Employees FIT Payable Payroll Taxes SUTA Taxes Payable Wages Expense Accounts Payable Cash Employees FIT Expense Payroll Taxes Wages Expense Nov 30Cash Employees FIT Expense Employees FIT Payable Payroll Taxes Wages Expense Cash Employees FIT Payable FICA Taxes Payable OASDI Payroll Taxes Wages Expense Cash Employees FIT Payable FICA Taxes Payable HI Payroll Taxes Wages Expense Feedback b Prior to posting the November 30 payroll transaction, FICA Taxes Payable OASDI, FICA Taxes Payable HI, and Employees FIT Payable had zero balances Ruther must pay the FICA taxes and income taxes withheld on the November 30 payroll Journalize the electronic transfer of the payroll taxes on December 15 If an amount box does not require an entry, leave it blank Round your answers to the nearest cent DateAccountDebitCreditDec 15Cash FICA Taxes Payable OASDI Payroll Taxes SUTA Taxes Payable Wages Expense Cash FICA Taxes Payable HI Payroll Taxes SUTA Taxes Payable Wages Expense Cash Employees FIT Payable Payroll Taxes SUTA Taxes Payable Wages Expense Cash Employees FIT Payable FICA Taxes Payable HI Payroll Taxes Wages Expense

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a. Cal Ruther, an employer, is subject to FICA taxes but exempt from FUTA and SUTA taxes. During the last quarter of the year, his

a.Cal Ruther, an employer, is subject to FICA taxes but exempt from FUTA and SUTA taxes. During the last quarter of the year, his employees earned monthly wages of $8,400, all of which is taxable. The amount of federal income taxes withheld each month is $1,090. Journalize the payment of wages, and record the payroll tax on November 30.If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest cent.

AccountDebitCreditNov. 30Cash
FICA Taxes Payable-HI
FICA Taxes Payable-OASDI
Payroll Taxes
Wages Expense
FICA Taxes Expense-OASDI
FICA Taxes Payable-OASDI
Payroll Taxes
SUTA Taxes Payable
Wages Expense
FICA Taxes Expense-HI
FICA Taxes Payable-HI
Payroll Taxes
SUTA Taxes Payable
Wages Expense
Employees FIT Expense
Employees FIT Payable
Payroll Taxes
SUTA Taxes Payable
Wages Expense
Accounts Payable
Cash
Employees FIT Expense
Payroll Taxes
Wages Expense
Nov. 30Cash
Employees FIT Expense
Employees FIT Payable
Payroll Taxes
Wages Expense
Cash
Employees FIT Payable
FICA Taxes Payable-OASDI
Payroll Taxes
Wages Expense
Cash
Employees FIT Payable
FICA Taxes Payable-HI
Payroll Taxes
Wages Expense

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b.Prior to posting the November 30 payroll transaction, FICA Taxes Payable-OASDI, FICA Taxes Payable-HI, and Employees FIT Payable had zero balances. Ruther must pay the FICA taxes and income taxes withheld on the November 30 payroll. Journalize the electronic transfer of the payroll taxes on December 15.

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