Question: Current Attempt in Progress Your answer is partially correct Jamie's regular hourly wage rate is $8, and she receives an hourly rate of $12 for
Current Attempt in Progress Your answer is partially correct Jamie's regular hourly wage rate is $8, and she receives an hourly rate of $12 for work in excess of 40 hours. During a January Bay period, Jamie works 44 hours. Jamie's federal income tax withholding is $95, and she has no voluntary deductions Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. Assume the FICA tax ratels 7.65%. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round the answers to 2 decimal places, es. 15.25) Date Account Titles and Explanation Debit Credit Jan. 15 Payroll Tax Expense 40392 FICA Taxes Payable 40.392
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