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TranscribedText: Continuing Payroll Project: Prevosti Farms and Sugarhouse (Static) The completed Payroll Register for the February and March biweekly pay periods is provided, assuming benefits


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TranscribedText: Continuing Payroll Project: Prevosti Farms and Sugarhouse (Static) The completed Payroll Register for the February and March biweekly pay periods is provided, assuming benefits went into effect as anticipated. Required: 1. Using the payroll registers, complete the General Journal entries as follows: February 5 Journalize the employee pay. February 5 Journalize the employer payroll tax for the February 5 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed the FUTA or SUTA wage base. February 10 Issue the employee pay. February 19 Journalize the employee pay . February 19 Journalize the employer payroll tax for the February 19 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed the FUTA or SUTA wage base. February 24 Issue the employee pay. Pay payroll taxes. February 24 Issue the payment for payroll liabilities. March 5 Journalize the employee pay. March 5 Journalize the employer payroll tax for the March 5 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed the FUTA or SUTA wage base. March 10 Issue the employee pay. March 19 Journalize the employee pay. March 19 Journalize the employer payroll tax for the March 19 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed FUTA or SUTA wage base. March 24 Issue the employee pay. March 24 Issue the payment for payroll liabilities. 2. Post all journal entries to the appropriate General Ledger accounts. Complete this question by entering your answers in the tabs below. Payroll Payroll Payroll Payroll General General < Prey 1 of 1 Next >Continuing Payroll Project i Saved H Payroll Payroll Payroll Payroll Register For Register For Register For Register For General General February 5 February 19 March 5 March 19 Journal Ledger Complete the Journal entry. Assume that employment taxes have been deposited as required. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round intermediate calculations and final answers to 2 decimal places.) ed View transaction list ok Journal entry worksheet k 2 3 4 5 6 7 8 .. . .. 14 nt ences Record the employee pay for February 05 pay date. Note: Enter debits before credits. Date General Journal Debit Credit

The completed Payroll Register for the February and March biweekly pay periods is provided, assuming benefits went into effect as anticipated. Required: 1. Using the payroll registers, complete the General Journal entries as follows: February 5 Journalize the employee pay. February 5 Journalize the employer payroll tax for the February 5 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed the FUTA or SUTA wage base. Issue the employee pay. February 10 February 19 Journalize the employee pay. February 19 February 24 February 24 March 5 March 5 March 10 March 19 March 19 March 24 March 24 Journalize the employer payroll tax for the February 19 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed the FUTA or SUTA wage base. Issue the employee pay. Pay payroll taxes. Issue the payment for payroll liabilities. Journalize the employee pay. Journalize the employer payroll tax for the March 5 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed the FUTA or SUTA wage base. Issue the employee pay. Journalize the employee pay. Journalize the employer payroll tax for the March 19 pay period. Use 5.4 Percent SUTA and 0.6 Percent FUTA. No employees will exceed FUTA or SUTA wage base. Issue the employee pay. Issue the payment for payroll liabilities. 2. Post all journal entries to the appropriate General Ledger accounts. Complete this question by entering your answers in the tabs below.

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