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This is all one question ACC1010 Module 5 Engagement Exer 1. EX.08.06A.Algo 2. EX.08.07A.Algo eBook Calculator Instructions Employer's Payroll Taxes General Journal Instructions Calculation and

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ACC1010 Module 5 Engagement Exer 1. EX.08.06A.Algo 2. EX.08.07A.Algo eBook Calculator Instructions Employer's Payroll Taxes General Journal Instructions Calculation and Journal Entry for Employer Payroll Taxes 1. Calculate the employer's payroll taxes expense. Round your answer to the nearest cent. Prepare the journal entry as of March 12, 20-, assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Medicare is 1.45%. If required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank Earnings for several employees for the week ended March 12, 20, are as follows: Taxable Earnings Unemployment Compensation Social Current Earnings $660 370 1,180 810 920 Employee Name Aus, Glenn E Diaz, Charles K Knapp, Carol S Mueller, Deborah F eager, lackie R. Security 660 370 1,180 810 920 $190 340 115 35

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