cent. Record debits first, then credits Date Debit Accounts and Explanation Salaries and Wages Payable Cash Credit 12.482.10 12 462.10 To record payment of salaries and wages Requirements. Journalize the payment for withholdings and employer payroll taxes (Round all amounts to the nearest cent. Recor Date Accounts and Explanation Debit Credit Choose from any list of enter any number in the input fields and then click Check Answer Help Me Solve This e Text Pages Get More Help - Earnings Withholdings mount Salaries and Wages Expense OASDI Medicare Net Check No Pay Beginning Current Ending Cumulative Period Cumulative Earnings Earnings Earnings S 70,000 $ 4,200 128.000 7.200 58.000 3,900 61.500 4,700 0 1.000 $ 322,800 $ 21.000 Income Health United Total Tax Insurance Way Withholdings $ 1,680 $ 94 $ 5 1.800 144 40 1.560 78 0 1.175 94 20 250 20 5 6.4655 420 5 65 801 802 803 804 305 redits. 9 Print Done 50 cent. Record debits first, then credits. Select the explanation on the last ine of the joumal entry table) t - X More Info For al payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI 6.2% on first $132.000 eamed: Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000 Employer QASDI: 6.2% on first $132.000 med: Medicare: 145% FUTA 0.0% on first $7,000 earned SUTA 54% on first 57.000 earned Print Done Stream Company had the following partially completed payroll register. (Click the icon to view the partial payroll register.) (Click the icon to view payroll tax rate information) Read the requirements . --- 84 5 3,051.45 804 Earn. Eam. Earn. OA SDI Med Tax Ins Way With Pay No. Exp $ 70,000 $ 4.200 $ 83,200 $ 260.40 $ 60.00 $ 1.880 S 5 $2,090.305 2.109.70 801 $ 4.200 126,000 7.200 133,200 427.80 104.40 1.800 144 40 2516,20 4,883.80 802 7.200 56,000 3.900 59.900 241.80 56.55 1,580 78 0 1,938.35 1,983.65 803 3.900 61,500 4,700 38,200 291.40 68.15 1,175 94 20 1,648.55 4,700 0 1,000 1.000 82.00 14.50 250 20 0 346,50 653.50 805 1.000 S 322,500 $ 21.000 $343,500 $1,283.40 $ 304.50 S 6.465 S 420 S 85 $8,537.90 $12,462.10 $21.000 Requirement 2. Journalize Stream Company's salaries and wages expense accrual for the current pay period. (Round all amounts to the nea Date Accounts and Explanation Debit Credit Dec. 31 Salaries and Wages Expense 21,000.00 Employee Income Taxes Payable 8.485.00 FICA-OASDI Taxes Payable 1,283.40 FICA-Medicare Taxes Payable 304,50 Dat Health Insurance Payable 420.00 United Way Payable 65.00 Salaries and Wages Payable 12.462.10 To record salaries and wages expense and payroll withholdings Requirement 3. Journalize Stream Company's expenses for employer payroll taxes for the current pay period. (Round all amoun Debit Credit Date Accounts and Explanation 1,647 90 Payroll Tax Expense $ 1.283.40 FICA QASDI Taxes Payable FICA-Medicare Taxes Payable 30450 6.00 Federal Unemployment Taxes Payable 54.00 State Unemployment Tags Payable To record employer's payroll tax expense Requirement 4. Journalize the payment to employees. (Round all amounts to the nearest cent. Record debits first, then credits Debit Credit Date Accounts and Explanation 12.462.10 Salaries and Wages Payable 12.402.10 Cash Be To record payment of salaries and was Requirement 5. Journalize the payment for withholdings and employer payroll taas Round will amounts to the nearest cont Record Babies fint
