Question
Journalize Period Payroll The payroll register of Patel Engineering Co. indicates $900 of social security withheld and $225 of Medicare tax withheld on total salaries
Journalize Period Payroll
The payroll register of Patel Engineering Co. indicates $900 of social security withheld and $225 of Medicare tax withheld on total salaries of $15,000 for the period. Federal withholding for the period totaled $2,550.
Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.
Federal Income Tax Withholding
Bob Browning's weekly gross earnings for the present week were $2,690. Browning has two exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Browning's federal income tax withholding? Round your answer to two decimal places.
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