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Taxable Earnings Social Current Unemployment Employee Name Earnings Compensation Security Aus, Glenn E. $680 $200 $680 Diaz, Charles K. 370 360 370 Knapp, Carol
Taxable Earnings Social Current Unemployment Employee Name Earnings Compensation Security Aus, Glenn E. $680 $200 $680 Diaz, Charles K. 370 360 370 Knapp, Carol S. 1,180 1,180 Mueller, Deborah F. 830 125 Yeager, Jackie R. 920 35 830 920 1. Calculate the employer's payroll taxes expense for the week ended March 12, 20--, assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Medicare tax is 1.45%. 2. Prepare the journal entry as of March 12, 20--. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 20-- 1 Mar. 12 2 3 4 5 1 2 3 4 5
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