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The totals from the first payroll of the year are shown below. Total Earnings dollar 36,195.10 FICA OASDI dollar 2,244.10 FICA HI Dollar 524.83 FIT
The totals from the first payroll of the year are shown below. Total Earnings dollar 36,195.10 FICA OASDI dollar 2,244.10 FICA HI Dollar 524.83 FIT W/H dollar 6,515.00 State Tax Dollar 361.95 Union Dues Dollar 500.00 Net Pay dollar 26,049.22 Refer to Exhibit 6-1. Journalize the entry to record the payroll taxes (assume a SUTA rate of 3.7%)
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