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Signature Company's partial payroll register for the week ended January 7 is as follows: Assume that the payroll is subject to an employer's Socal secunty
Signature Company's partial payroll register for the week ended January 7 is as follows: Assume that the payroll is subject to an employer's Socal secunty tax of 6.2 percent on the first 5110.500 and a Medicare tax of 1.45 percent on all eaminge. Aho as 0.6 pericent, and thot the state unempleyment tax is 5,4 percent of the fint 57,000 : Give the entry in general journal form to record the payros tax expanse, If an amount box does not require an entry, leave it blank, If required, round your intarmedisf neorest cent ond use the rounded answers in fubsequent computations
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