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Payroll Taxes, Deposits, and Reports Problem Set B Computing and recording employer's payroll tax expense. The payroll register of Cliff's Auto Detailers showed total employee
Payroll Taxes, Deposits, and Reports Problem Set B Computing and recording employer's payroll tax expense. The payroll register of Cliff's Auto Detailers showed total employee earnings of $4,000 for the week ended April 8, 2019. INSTRUCTIONS 1. Compute the employer's payroll taxes for the period. The tax rates are as follows: Social security 6.2 percent Medicare 1.45 FUTA SUTA 2.2 0.6 2. Prepare a general journal entry to record the employer's payroll taxes for the period. Use journal page 28. Analyze: If the SUTA tax rate had been 1.2 percent, what total employer payroll taxes would have been recorded
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