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PAGE 12 JOURNAL ACCOUNTING EQUATION POST RET DENT CREDIT ASSETS LIABILITIES EQUITY 125,000.00 442,800.00 82,000.00 172,200.00 DATE DESCRIPTION Oct. 15 Sales Solaries Expense Officers Series

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PAGE 12 JOURNAL ACCOUNTING EQUATION POST RET DENT CREDIT ASSETS LIABILITIES EQUITY 125,000.00 442,800.00 82,000.00 172,200.00 DATE DESCRIPTION Oct. 15 Sales Solaries Expense Officers Series Expense Office Salaries Expense Factory Wages Expense Social Security Tex Payable Medicare Tax Payable Employees Federat Income Tax Payable Medical insurance Payable Retirement Contributions Payable 49,200.00 12,300.00 14760000 10,200.00 23,000.00 Satarles Payable 39770000 15 Payroll The End 62,56400 Social Security Tax Payable 49,200.00 Medicine x Payable 12.000 Federot Unen loyment Payable 176.00 11880 See themployment Taxeyable Pention Expense Cash 751000 IND In order to confirm the previous clerk's payroll calculations, you have been asked to supply the following amounts bas investigated further if necessary 1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll. What is the total payroll for Copperfield and Company shown in these journal entries? 3. What is Copperfield and Company's share of FICA taxes in this payroil? 4. How much has Copperfield and Company contributed to employee 401k plans in this payroll? Short-Term Note Payable Copperfield and Company issued a 20-cay, 0.00% note for $200,000 to a creator on account. The previous clerk entere

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