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Question 5 of 5 -/28 The following payroll my accounts included in the ledger of Pharoah Company on January FICA Taxes Payable Federal income Taxes
Question 5 of 5 -/28 The following payroll my accounts included in the ledger of Pharoah Company on January FICA Taxes Payable Federal income Taxes Payable State Income Tones Payable Federal Unemployment Tes Payable State Unemployment Tes Payable Urbon Des Payable 5760.00 1204 80 108.95 288.95 1.954.40 870.00 Is Samary the following transactions occurred 10 12 Sent check for $870.00 to union treasurer for union dues Sent check for $1.964.60 for FICAs and federal income taxes withheld Didate income taxes withheld from employees Paid federal and state employment 20 Aary 31, the company.comited the monthly payroregister which show and was $50.000 The company entry former payroll FICA 7.65 the 7.5% FCAtxatecost of the Social Security tax rato was up to $50.000 and the Medicare tax rate of 5.45% on alatid was federal tement.4% materyamatoschoudertecimal places 15.2 cm De Dondent modulenter the order present the bat Account Tities and Explanation Debit Credit acer 0 O O * TA
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