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Required Information [The following information applies to the questions displayed below.] Certain transactions and procedures relating to federal and state unemployment taxes follow for Robin's
Required Information [The following information applies to the questions displayed below.] Certain transactions and procedures relating to federal and state unemployment taxes follow for Robin's Nest LLC, a retail store owned by Robin Roberts. The firm's address is 2007 Lovely Lane. Dallas, TX 75268-0967. The firm's phone number is 972-456-1200.The employer's federal and state identification numbers are 75-9462315 and 37-9462315, respectively. Carry out the procedures as instructed in each of the following steps. Name of Employee Suzi Roma Jo Guyton Gloria Bermudez Anna Scott Anita Thomas Terri Wong Total Total Earnings $ 6,060 4,025 4,348 5,520 4,250 3,160 $27, 363 Required: 1. Compute the state unemployment insurance tax owed on the employees' wages for the quarter ended March 31, 20X1. This information will be shown on the employer's quarterly report to the state agency that collects SUTA tax. The employer has recorded the tax on each payroll date. Although the state charges a 5.4 percent unemployment tax rate, Robin's Nest LLC's rate is only 1.7 percent because of its experience rating. The employee earnings for the first quarter are shown above. All earnings are subject to SUTA tax. 2. On April 30, 20X1, the firm issued a check to the state employment commission for the amount computed above. In general journal form, record the issuance of the check. Compute the state unemployment insurance tax owed on the employees' wages for the quarter ended March 31, 20X1. This information will be shown on the employer's quarterly report to the state agency that collects SUTA tax. The employer has recorded the tax on each payroll date. Although the state charges a 5.4 percent unemployment tax rate, Robin's Nest LLC's rate is only 1.7 percent because of its experience rating. The employee earnings for the first quarter are shown above. All earnings are subject to SUTA tax. (Round "Rate" answer to 3 decimal places. i.e., 12.3% should be entered as 0.123) Show less Worksheet Total amount Rate State unemployment insurance tax Required Required 2 > Journal entry worksheet
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