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Example 6-5 The journal entry to record the payroll from Figure 6.1, on pages 6-2 and 6-3, would be: Debit Credit 24,762.70 1,535.29 359,06 Wages

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Example 6-5 The journal entry to record the payroll from Figure 6.1, on pages 6-2 and 6-3, would be: Debit Credit 24,762.70 1,535.29 359,06 Wages Expense FICA Taxes Payable OASDI FICA Taxes Payable-HI FIT Payable SIT Payable Group Insurance Payments W/H 3,714.00 55.25 51.70 19,044.40 Example 6-7 The journal entry to record the payroll tax entry from Figure 6.1 on pages 6-2 and 6-3 would be (assume a SUTA tax rate of 3.0%): Debit Credit Payroll Taxes 2,785,81 Example The u try to record the potentry from get on pages and would be SOTA 10 Debit Credit ham lorem 2,753 Ata Pale Ons 350.00 Style 14 Themes Donelly Music Company wages of 94./90 donnay. The total de PICA PIA WAITA, the contention for the company. The with decom 605 Debit Payment of the Monthly Wages, and the Payroll Taxes Journalize the payment of the monthly wages, and record the payroll taxes. If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent. Account Credit Payment of monthly wages Wages Expense v FICA Taxes Payable-OASDI V FICA Taxes Payable-HIV Employees FIT Payable Cash Payroll taxes Payroll Taxes FICA Taxes Payable OASDI V FICA Taxes Payable HIV FUTA Taxes Payable SUTA Taxes Payable

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