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Please answer for each letter THANK YOU !!! I'll like u answer ! 7.000 Recording Payroll and Payroll Taxes The following data are taken from

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7.000 Recording Payroll and Payroll Taxes The following data are taken from Fremont Wholesale Company's May payroll Administrative salaries 542.000 Sales salaries 51.000 Custodial salaries Total payroll $100,000 Salaries subject to 1.45 percent Medicare tax $100,000 Salaries subject to 6.2 percent Social Security tax 75.000 Salaries subject to federal unemployment taxes 14.000 Salaries subject to state unemployment taxes 21 000 Federal income taxes withheld from all salaries 17.800 Assume that the company is subject to a two percent state unemployment tax (due to a favorable experience rating) and a 0.6 percent federal unemployment tax Required Record the following in general journal form on May 31: a. Accrual of the monthly payroll b. Payment of the net payroll C. Accrual of employer's payroll taxes (Assume that the FICA matches the amount withheld.) Part A Part B Part Part D Debit Credit General Journal Date Description May 31 Administrative Salaries Expense Sales salaries Expense Federal Income Tax Withholding Payab FICA Tax Payable To record Mayavoll Part A Part C Part D General Journal Description Debit Credit Date May 31 To pay May net payroll. Part A Part B Partc Part D General Journal Description Debit Credit Date May 31 FICA Tax Payable Federal Unemployment Tax Payable To record employer's May payroll taxes. Part A Part B Part Part D General Journal Date Description May 31 Federal Income Tax Withholding Payable Debit Credit Federal Unemployment Tax Payable State Unemployment Tax Payable Cash To pay liabilities related to May payroll

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