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Gross pay for Mr.Scott Corporation for Febuary 26,2021 is as follows: Salaries salaries $338,000 Office salaries $148,000 Maintenance salaries $95,000 ---------- Total Salaries: $581,000 Information
Gross pay for Mr.Scott Corporation for Febuary 26,2021 is as follows:
Salaries salaries $338,000Office salaries $148,000
Maintenance salaries $95,000
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Total Salaries: $581,000
Information on Withholding and payroll taxes are shown below
Federal income tax withheld $72,265
State income tax withheld $17,100
Health Insurance withheld $8200
Pension contributions withheld $25,125
FICA Rate is 7 65%
SUTA taxes are $9.800
FUTA taxes are $2,215
How much is payroll tax expense for Mr. Scott Corp?_______________
Then write the journal entry:
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