Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Selected data from a February payroll register for Sunland Company are presented below. Some amounts are intentionally omitted. $(3) 200 Gross earnings: Regular Overtime Total

image text in transcribed

Selected data from a February payroll register for Sunland Company are presented below. Some amounts are intentionally omitted. $(3) 200 Gross earnings: Regular Overtime Total Deductions FICA taxes Federal income taxes $8.200 (1) (2) State income taxes Union dues Total deductions Net pay Account debited: Salaries and wages expense $7,608 $ 765 1.027 (5) FICA taxes are 7.65%. State income taxes are 4% of gross earnings. (a) Fill in the missing amounts. (Round answers to 0 decimal places, e.g. 125.) Gross earnings: State income taxes $ (3) $8,200 Union dues 200 Regular Overtime (1) Total deductions (4) Total (2) Net pay $7,608 Deductions Account debited: Salaries and wages expense FICA taxes $765 (5) Federal income taxes 1,027 List of Accounts Save for Later Attempts: 0 of 1 used Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Susan Hamlen

5th Edition

1618534246, 9781618534248

More Books

Students also viewed these Accounting questions