Gross Payroll Journal Entry

Payroll Tax Journal Entry

Journalize the following payroll from information in the payroll register and the related employer payroll taxes and other expense:

Gross pay $ 200,000

Federal Income Tax Withheld 30,000

FICA - Social Security 12,500

FICA - Medicare 2,900

401(k) withholding 12,000

Union dues withheld 2,000

United Way withheld 3,000

Net Pay 137,600

FUTA 1,500

SUTA 10,500

ER 401(k) Match 25%

Journalize payroll and calculate/journalize payroll taxes and other