The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees

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The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee’s weekly salary, which has remained the same all year.

Complete the payroll register for the payroll period ending December 21, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the total gross earnings, and the wage-bracket method is used for federal income taxes.

HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING 20 DEDUCTIONS (a) FICA (e) NET ТОTAL EMPLOYEE NAME (b) FIT (c) SIT (d) CIT EARNINGS PAY OASDI HI 252400 275 00 250 00 32025 450 00 56050 475 50 John, Matthew 3 Smith, Jennifer Bullen, Catherine M Matthews, Mary 3 Hadt,

Compute the employer’s FICA taxes for the pay period ending December 21.

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Related Book For  answer-question

Payroll Accounting 2018

ISBN: 978-1337291040

28th edition

Authors: Bernard J. Bieg, Judith Toland

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