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The following payroll information was taken from Campbell Corporations records on December 7th. Campbell Corporation pays their employees weekly. Employee Emily Wears Rebecca Beiter Noah

The following payroll information was taken from Campbell Corporations records on December 7th. Campbell Corporation pays their employees weekly. Employee Emily Wears Rebecca Beiter Noah Smith Earnings to End of Previous Week $ 54,000 40,500 45,000 Gross Pay $ 1,200 900 1,000 Federal Income Taxes $ 216 162 180 Medical Insurance Deduction $ 155 170- 170 The FICA social security tax rate is 6.2% and the FICA Medicare tax rate is 1.45% on all of this week's wages paid to each employee. The federal and state unemployment tax rates are 0.6% and 5.4%, respectively, on the first $7,000 paid to each employee. Prepare the journal entries to (a) accrue the payroll and (b) record payroll taxes expense.
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The following payroll information was taken from Campbell Corporations records on December 7 th. Campbell Corporation pays their employees weekly. The FICA social security tax rate is 6.2% and the FICA Medicare tax rate is 1.45% on all of this week's wages paid to each employee. The federal and state unemployment tax rates are 0.6% and 5.4%, respectively, on the first $7,000 paid to each employee. Prepare the joumal entries to (a) accrue the payroll and (b) record payroll taxes expense

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