Prepare the Payroll Register. Fill in the blanks.

	Previous				6.20%
	Period				FICA -	1.45%
	Year To		25%	5%	Social	FICA -
	Date	Current	Federal	State	Security	Medicare	Health Ins.
Empl.	Gross	period	Tax	Tax	Tax	Tax	Premium	Total	Net
No.	Pay	Gross Pay	Withheld	Withheld	Withheld	Withheld	Withheld	Wthhldngs	Pay
#1	125,000		750	150		43.50	100	1,043.50
#2	119,600		250	50		14.50	100	439.30
#4	5,000		125	25	31.00	7.25	100	288.25
Note: Assume the Annual FICA cap on wages subject to the social security tax
is $120,000 per year. There is no Cap on wages subject to medicare tax.
Assume that for employers taxes, there is an annual cap of FUTA/SUTA taxes
of the first $7,000 earned per employee, per year.

A. Prepare the Payroll Register.

B. In the space below, prepare the general journal entry to pay the December 2 payroll. Assume there is a FICA-Social security wage limit as noted on the register. The FICA rates are noted on the register.

C: In the space below, record the employers share of the payroll taxes attributable to the December 2 payroll. Assume of FUTA rate of 0.8%, and a SUTA rate of 2% of the first $7,000 of employee wages per year.

NOTE: Only the wages of the last employee are subject to unemployment taxes