Leonel Claur

lomework

Question $4,$ EF$11-19($similar to$)$

HW Score: $61\mathrm{.}6\%,61\mathrm{.}6$ of $100$ points

Part $1$ of $5$

Points: $3\mathrm{.}6$ of $15$

firance $($cost to the company, $$340),$ and refirement benefits $($cost to the company. $5\%$ of salaries expense$).$

$($Clok the icon to view payroll tax rate information.$)$

Read the requirements

Requirement $1.$ Joumalise Juan's expenses for employee benefits and for payroll taxes. Explanations are not required

Eegin with the entry to accove Juan's employer payroll taxes. $($Round all amounts to the nearest cent. Record debits first, then credits. Exclude explanations from journal entries.$)$

More info

$\backslash$table$[[\backslash$table$[[$For all payroll calculations, use the following tax rates and round amounts to the$],[$nearest cent:$]]],[$Employee$,\backslash$table$[[$OASDI: $6\mathrm{.}2\%$ on first $$132\mathrm{.}900$ earned; Medicare: $1\mathrm{.}45\%$ up to$],[$$$200,000,2\mathrm{.}35\%$ on earnings above $$200,000$