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January February March Your tasks are to do the following: 1. Journalize the entries to record the employer's payroll tax expense for each pay period
January February March Your tasks are to do the following: 1. Journalize the entries to record the employer's payroll tax expense for each pay period in the general journal. 2. Journalize entries for the payment of each tax liability in the general journal. 2. Journalize entries for the payment of each tax liability in the general journal. (Record debits first, then credits. Exclude explanations from journ entries. Round all calculations to the nearest cent as needed. If no entry is necessary, select "No entry required" on the first row of the Accounts column and leave all other fields blank.) Journalize the payment of the January tax liability (excluding FUTA and SUTA payments) in the general journal. The following is the monthly payroll of White Company, owned by Dana White. Employees are paid on the last day of each month. View the employees' payroll information for January. View the employees' payroll information for February. View the employees' payroll information for March. White Company is located at 2 Square Street, Marblehead, MA 01945. Its EIN is 29-3458822. The FICA tax rate for Social Security is 6.2\% on up to $142,800 in earnings during the year, and Medicare is 1.45% on all earnings. The SUTA tax rate is 5.7% on the first $7,000. The FUTA tax rate is 0.6% on the first $7,000 of earnings. White Company is classified as a monthly depositor for Form 941 taxes. Journalize the employer's payroll tax expense for February 28
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