CALCULATOR PRINTER VERSION BACK Problem 11-OSA (Video) For the year ended December 31, 2020, Sunland Electrical Repair Company reports the following summary payroll data Gross earings Administrative salaries $218,000 Electricians' wages 386,000 Total $604,000 Deductions: FICA taxes $40,657 Federal income taxes withheld 160,000 State income taxes withheld (39) 18,120 United Fund contributions payable 30,200 Health Insurance premiums 18,500 Total $267.477 Surland's payroll taxes are Social Security tax 6.2%, Medicare tax 145%, state unemployment 25% (due to a stable employment record), and federal unemployment Gross earrings subject to Social Security taces of 6.2% total $514,500, and gross earnings subject to unemployment taxes total $154,000. No employee exceeds the $127,200 mit related to FICA taxes a) Prepare a summary journal entry at December 31 for the full year's payrol (6) Journalize the adjusting entry at December 31 to record the employer's payroll taxes. Round answers to decimal places, eg. 125. Credit account titles are automatically indente No. Account Tities and Explanation Debit Credit findent manual CALCULATOR PRINTER VERSION BACK NEXT Sunland's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.8% federal unemployment. Gross samnings subject to Social Security taxes of 6.2% total $514,500, and gross earnings subject to unemployment taxes total $154,000. No employee exceeds the $127.200 limit related to FICA taxes. (a) Prepare a summary journal entry at December 31 for the full year's payroll. (6) Journalize the adjusting entry at December 31 to record the employer's payroll taxes. (Round answers to decimal places, e.. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit () (c) The W.2 Wagend Complete the e ments data for the the following data Round answers to de (c) The W-2 Wage and Tax Statement requires the following dollar data Complete the required data for the following employees. (Round answers to decimal places, eg. 5,275.) Employee Wages, Tips, Other Compensation Federal Income Tax withheld State Income Tax withheld FICA Wages FICA Tax Withheld Maria Sandoval $56,000 $27,440 Jennifer Mingenbeck 24,000 9,360 Question Attempts of 3 used SAVE POR LATER SUBMIT ANSWER 903