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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

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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 o. For April taxes, paid on May 15 b. For May taxes, paid on June 17 Date Hages PS April 8 15 22 29 May 5 12 19 Total Earning $ 2,422.00 2,510.00 2,422.00 2,466.00 $ 9,820.00 $ 2,375.00 2,422.00 2.422.00 2,466.00 $ 9,658.00 $ 2,510.00 9,472.00 2,466.ee 2,422.00 2,378.00 5.12.190.69 $31,700.00 Social Securty Tax educted $ 150.16 155.62 150.16 152.89 $ 608.83 $ 147.44 150.16 150.16 152.89 $ 600.65 $ 155.62 152.16 152.89 150.16 14714 375622 $1,965.75 Medicare Tox Deducted $ 35.12 36.40 35.12 35.76 $142.40 $ 34.48 35.12 35.12 35.76 $140.40 136.40 35.12 35.76 35.12 34.48 51760 $459.76 Incond Tax withheld $ 240.00 247.00 240.00 244.60 $971.00 $236.00 240.00 240.00 244.00 $ 960.00 3 247.00 240.00 244.00 240.00 236.00 $1.202.00 $ 3,130.00 June 2 16 23 30 Total percent Social security Medicare FUTA SUTA 6.2 1.45 5.6 5.4 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

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