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need help as soon as possible PR 11-2A Entries for payroll and payroll taxes arExpense,$52,795 ayroll for the week ended December 1. (b) Dr. Payroll
need help as soon as possible
PR 11-2A Entries for payroll and payroll taxes arExpense,$52,795 ayroll for the week ended December 1. (b) Dr. Payroll The following information about the p tained from the records of Qualtech Co.: Deductions: Salaries: Sales salaries $350,000 Income tax withheld $1 18,800 Warehouse salaries 180,000 Social security tax withheld 40,500 Office salaries 145,000 Medicare tax withheld 10,125 $675,000 U.S. savings bonds 14,850 Group insurance 12,150 $1 96,425 Tax rates assumed: Social security, 696 Medicare, 1.5% State unemployment (employer only), 5.4% Federal unemployment (employer only), 0.8%Step by Step Solution
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