Question: Selected data from a February payroll register for Halverson Company are presented below. Some amounts are intentionally omitted. FICA taxes are 7.65%. State income taxes
Selected data from a February payroll register for Halverson Company are presented below. Some amounts are intentionally omitted.
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FICA taxes are 7.65%. State income taxes are 4% of gross earnings.
Instructions
(a) Fill in the missing amounts.
(b) Journalize the February payroll and the payment of thepayroll.
Gross carnings: Regular Overtime $8,900 State income taxes (3) Union dues Total deductions 100 Total Deductions: Net pay $7,340 $ 765 Departmental payroll: FICA taxes Federal income taxes ,395 Warehouse wages Store wages 4,000
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a 1 1100 10000 see 2 below 8900 2 10000 FICA taxes 765 765 3 400 10000 X 4 4 ... View full answer
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