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Perez Company has the following information for the pay period of January 15-31. Gross payroll Social security rate Medicare rate Federal income tax withheld Federal

Perez Company has the following information for the pay period of January 15-31.\ Gross payroll\ Social security rate\ Medicare rate\ Federal income tax withheld\ Federal unemployment tax rate\ State unemployment tax rate.\

$20,000

\

6.0%

\

1.5%

\

$2,500

\

0.8%

\

5.4%

\ Assuming no employees are subject to ceilings for their earnings, compute salaries payable and employer's payroll tax expen\ Salaries Payable\

$

\ Employer's Payroll Tax Expense\

$
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Perez Company has the following information for the pay period of January 15-31

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