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Total Earnings - $49,983.10 FICA OASDI - $3422.10 FICA HI- $724.83 FIT W/H- $8515.00 State Tax- $561.95 Union Dues- $700.00 Net Pay - $36,059.22 1.
Total Earnings - $49,983.10
FICA OASDI - $3422.10
FICA HI- $724.83
FIT W/H- $8515.00
State Tax- $561.95
Union Dues- $700.00
Net Pay - $36,059.22
1. Journalize the entry to record the payroll. 2. Journalize the entry to record the employers payroll taxes (assume a SUTA rate of 3.7%). 3. Journalize the entry to deposit the FICA and FIT taxes. 4. Journalize the adjustment for accrued wages for the following Monday, which is the end of the accounting period. The gross payroll for that day is $9,585.
JOURNAL
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