Selected data from a February payroll register for Landmark Company are presented below. Some amounts are intentionally

Question:

Selected data from a February payroll register for Landmark Company are presented below. Some amounts are intentionally omitted.

FICA taxes are 8%. State income taxes are 3% of gross earnings.
Instructions
(a) Fill in the missing amounts.
(b) Journalize the February payroll and the payment of thepayroll.

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Financial Accounting

ISBN: 978-0470507018

7th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: May 22, 2012 01:22 AM

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Selected data from a February payroll register for Landmark Company are presented below. Some amounts are intentionally

Question:

Gross earnings: Regular Overtime $8,900 State income tas (3) Union dues 100 Total Total deductions Deductions Net pay $7.215 FICA taxes Federal income taxes 760 Accounts debited: 1,140 Warehouse wages Store wages $4,000

Step by Step Answer:

a 1 600 9500 see 2 below 8900 2 9500 FICA taxes 760 8 3 285 9500 X 3 4 2285 ...View the full answer

Financial Accounting

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