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Question Content Area The total amount paid to employees for a certain period Payroll entries Widmer Company had The total earnings of an employee
Question Content Area The total amount paid to employees for a certain period Payroll entries Widmer Company had The total earnings of an employee for a payroll period gross wages of $148,000 during the week ended June 17. The amount of wages subject to social security tax was $133,200, while the amount of wages subject to federal and state unemployment taxes was $19,000. Tax rates are as follows: Social security Medicare State unemployment Federal unemployment 6.0% 1.5% 5.4% 0.8% The total amount withheld from employee wages for federal taxes was $29.600. If an amount box does not require an entry, leave it blank. If required, round answers to two decimal places. Question Content Area a. Joumalize the entry to record the payroll for the week of June 17. Date Account June 17 Debit Credit Question Content Area - b. Journalize the entry to record the payroll tax expense incurred for the week of June 17 Date Account Debit Credit June 17 176 Total amount pad to employees for a certain porto Payro tres Widmer Company had The total earnings of an employee for a payroll period gross wages of $148.000 during the week ended June 17. The amount of wages subject to social security tax was $133,200, while the amount of wages subject to federal and state unemployment taxes was $19,000. Tax rates are as follows: Social security Medicare State unemployment Federal unemployment 6.0% 1.5% 5.4% 0.8% The total amount withheld from employee wages for federal taxes was $29,600 If an amount box does not require an entry, leave it blank. If required, round answers to two decimal places. Question Content Area a. Journalize the entry to record the payroll for the week of June 17. Date June 17 Account v Debit Credit Question Content Area b. Journalize the entry to record the payroll tax expense incurred for the week of June 17. Date Account Debit Credit June 17 Previous Next
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