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The payroll records of Airtech Solutions. Ltd. are provided for the period ended December 7 Kequired: Compute the necessary information for the payroll journal entries
The payroll records of Airtech Solutions. Ltd. are provided for the period ended December 7 Kequired: Compute the necessary information for the payroll journal entries Complete the entry to accrue the payrol Complete the entry to record the pavroll tax expense al MedicalUnionUnited Income Federal State Earnings to Employee End of Gross Pay Income |Insurance ction S54.000$1.500 S190 $130 125 125 DueW Way Previous Week laxes laxes S30 S25 800 750 6.250 Bames Carter ess Van Totals 85 32 105 2 5 130.80 135.000 50 S170S365 S60 The FICA Social Security compensation limit is $132.900 The state loyment tax rate is 5.4% on the first $1295 paid to each emplo Employee FICA SS wage FUTA SUTA FICA Med base basewage wagewage base Baines Carter Hess Van Totals 7 Salaries and Wages Expense Federal Income Taxes Payable State Income Taxes Payable Medical Insurance Payable Union Dues Payable United Way Payable Social Security Taxes Paya ble FICA Medicare Taxes Payable Accrued Payroll Payable ayroll Taxes Expense FICA Social Security Taxes Payable FICA Medicare Taxes Payable SUTA Taxes Payable FUTA Taxes Payable
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