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Problem 13-4 Below is a payroll sheet for Bramble Import Company for the month of September 2017. The company is allowed a 1% unemployment compensation

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Problem 13-4 Below is a payroll sheet for Bramble Import Company for the month of September 2017. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $118,500. In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $118,500 per employee Your answer is partially correct. Try again. Complete the payroll sheet. (Round answers to 2 decimal places, e.g. 15.26.) Unemployment Tax Earnings September Income Tax Withholding Name Earnings to Aug. 31 $6,700 6,400 7,700 13,600 106,700 111,400 252500 FICA State Federal $800 700 1,200 2,000 12,000 15,400 B. D. Williams 80 2.4 D. Raye 70 53.55 91.80 153.00 91.80 6 4.8 K. Baker F. Lopez A. Daniels B. Kingston 120 200 1200 1540 Total 32100 3210 7.2 S: Make the necessary entry to record the payment of the payroll. (If no entry is reguired, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Salaries and Wages Expense Debit Credit 32100 Withholding Taxes Payable 3220 FICA Taxes Payable 1395.36 Cash 27484.64 Make the entry to record the payroll tax expenses of Bramble Import Company. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Payroll Tax Expense Debit Credit 2 1411.56 FICA Taxes Payable 1395.36 FUTA Taxes Payable SUTA Taxes Payable 7.2 Your answer is partially correct. Try again Make the entry to record the payment of the payroll liabilities created. Assume that the company pays all payroll liabilities at the end of each month. (Round answers to 2 decimal places, e.g 15.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Withholding Taxes Payable 3220 FICA Taxes Payable 2790.72 FUTA Taxes Payable SUTA Taxes Payable 7.2 cash 6026.92

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