Required information SB Problem 11.2A (Algo) and Problem 11.3A (Algo) [The following Information applies to the questions displayed below.] A payroll summary for Mark Consulting Company, owned by Mark Fronke, for the quarter ending June 30, 20X1, appears below. The firm made the required tax deposits as follows: a. For April taxes, paid on May 15. b. For May taxes, paid on June 17. Date Wages Total Social Security Medicare Income Paid Earnings Deducted April 8 $ 2,422.00 $ 150.16 Tax Deducted Withheld $ 35.12 $ 240.00 Tax 15 2,510.00 155.62 22 2,422.00 150.16 36.40 35.12 247.00 240.00 29 2,466.00 $ 9,820.00 $ 608.83 152.89 35.76 244.00 $142.40 $ 971.00 May 5 $ 2,378.00 $ 147.44 $ 34.48 $ 236.00 12 19 2,422.00 2,422.00 150.16 35.12 240.00 150.16 35.12 240.00 26 2,466.00 152.89 35.76 244.00 $ 9,688.00 $ 600.65 $140.48 $ 960.00 June 2 29622 $ 2,510.00 $ 155.62 $ 36.40 $ 247.00 2,422.00 150.16 35.12 240.00 16 2,466.00 152.89 35.76 244.00 23 2,422.00 150.16 35.12 240.00 30 2,378.00 147.44 34.48 236.00 $ 12,198.00 $ 756.27 $176.88 $1,207.00 Total $31,706.00 $1,965.75 $459.76 $3,138.00 Social security 6.2 percent Medicare FUTA SUTA 1.45 0.6 5.4 2 nces i Problem 11.2A (Algo) Computing employer's social security tax, Medicare tax, and unemployment taxes. LO 11-2, 11-3 Required: 1. Using the tax rates given above, and assuming that all earnings are taxable, make the general journal entry on April 8, 20X1, to record the employer's payroll tax expense on the payroll ending that date. 2. Prepare the entries in general journal form to record deposit of the employee income tax withheld and the social security and Medicare taxes (employee and employer shares) on May 15 for April taxes and on June 17 for May taxes. (For all requirements, round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Record payroll tax expense. Note: Enter debits before credits Date April 8, 20X1 General Journal Debit Credit Payroll taxes expense Social security tax payable Medicare tax payable Federal unemployment tax payable State unemployment tax payable 150.16 35.11 14.53 130.78) LO 11-2, 11-3 Required: 1. Using the tax rates given above, and assuming that all earnings are taxable, make the general journal entry on April 8, 20X1, to record the employer's payroll tax expense on the payroll ending that date. 2. Prepare the entries in general journal form to record deposit of the employee income tax withheld and the social security and Medicare taxes (employee and employer shares) on May 15 for April taxes and on June 17 for May taxes. (For all requirements, round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record entry for deposit of payroll taxes for April. Note: Enter debits before credits. Date May 15, 20X1 General Journal 1 Debit Credit Employee income tax payable 971.00 Social security tax payable Medicare tax payable Cash View general journal Record entry Clear entry Problem 11.2A (Algo) Computing employer's social security tax, Medicare tax, and unemployment taxes. LO 11-2, 11-3 Required: 1. Using the tax rates given above, and assuming that all earnings are taxable, make the general journal entry on April 8, 20X1, to record the employer's payroll tax expense on the payroll ending that date. 2. Prepare the entries in general journal form to record deposit of the employee income tax withheld and the social security and Medicare taxes (employee and employer shares) on May 15 for April taxes and on June 17 for May taxes. (For all requirements, round your answers to 2 decimal places.) View transaction list Journal entry worksheet > Record entry for deposit of payroll taxes for May. Note: Enter debits before credits. Date: General Journal Debit Credit June 17, 20X1 Social security tax payable Medicare tax payable Employee income tax payable Cash Record entry Clear entry View general journal