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Dear tutors, Please give me an advice on these problems Thanks & regards, Problem 1 Assume that all wages have been paid and that all

Dear tutors,

Please give me an advice on these problems

Thanks & regards,

image text in transcribed Problem 1 Assume that all wages have been paid and that all quarterly payments have been submitted to the state as required. The payr required federal tax deposits were submitted as follows: a deposit of $153.38 on April 21, a deposit of $343.20 on July 22, and Quarter Ended Mar. 31 Jun. 30 Sep. 30 Dec. 31 TOTAL Total Wages Paid Wages Paid in Excess of $7,000 25,563.00 61,200.00 33,300.00 36,400.00 156,463.00 4,000.00 21,350.00 32,220.00 57,570.00 In general journal form, record issuance of a check on January 28, 2017, for the balance of FUTA tax due for 2016. (Round your No Date General Journal 1 28-Jan-17 Federal unemployment tax payable 1 Cash Problem 2 Compute the state unemployment insurance tax owed on the employees' wages for the quarter ended March 31, 2016. This in the state agency that collects SUTA tax. The employer has recorded the tax on each payroll date. Although the state charges a 5 only 1.7 percent because of its experience rating. The employee earnings for the first quarter are shown below. All earnings are places. i.e., 12.3% should be entered as 0.123) Name of Employe A B C D E F TOTAL Total amount Rate State Unemployment tax Total Earnings 5,935 3,900 4,223 5,395 4,125 3,035 26,613 26,613.00 Is it correct? 1.70% Is it correct? 452.42 Is it correct? On April 30, 2016, the firm issued a check to the state employment commission for the amount computed above. In general jo (Round your answers to 2 decimal places.) No Date 1 General Journal 30-Apr-16 State unemployment tax payable Cash submitted to the state as required. The payroll information for 2016 for Fashion Sense appears below. The pril 21, a deposit of $343.20 on July 22, and a deposit of $71.70 on October 21. State Unemployment Tax Paid 434.57 972.40 203.15 71.06 1,681.18 lance of FUTA tax due for 2016. (Round your answers to 2 decimal places.) Debit Credit 1112.9 Is it correct? 1112.9 Is it correct? =1681.18-153.38-343.20-71.70 or the quarter ended March 31, 2016. This information will be shown on the employer's quarterly report to h payroll date. Although the state charges a 5.4 percent unemployment tax rate, Fashion Sense's rate is rst quarter are shown below. All earnings are subject to SUTA tax. (Round ''Rate" answer to 3 decimal r the amount computed above. In general journal form, record the issuance of the check. Debit Credit 452.42 Is it correct? 452.42 Is it correct

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