Question: how is this wrong? whats the answer? Payroll Entries Widmer Company had gross wages of $274,000 during the week ended June 17. The amount of

how is this wrong? whats the answer?
how is this wrong? whats the answer? Payroll Entries Widmer Company had
gross wages of $274,000 during the week ended June 17. The amount

Payroll Entries Widmer Company had gross wages of $274,000 during the week ended June 17. The amount of wages subject to social security tax was $246,600, while the amount of wages subject to federal and state unemployment taxes was $34,000. Tax rates are as follows: Social security 6.0% Medicare 1.5% State unemployment 5.4% Federal unemployment 0.896 The total amount withheld from employee wages for federal taxes was $54,800. If an amount box does not require an entry, leave it blank. If required, round answers to two decimal places 16.440 X a. Journalize the entry to record the payroll for the week of June 17. June 7 Wages Expense 274,000 Social Security Tax Payable Medicare Tax Payable Employees Federal Income Tax Payable Wages Payable 110 SUMO 19. X Feedback Check My Work before taxes and deductions. A portion of employees' comings are owed for such items as state and federal taxes. Net pay is also known as take-home pay. b. Journalize the entry to record the payroll tax expense incurred for the week of June 17. June 7 Payroll Tax Expense 22,658 X Social Security Tax Payable 16,440 x Medicare Tax Payable 4,110 State Unemployment Tax Payable 1.836 Federal Unemployment Tax Payable 272 Feedback Check My Work Remember that there is typically a maximum amount of earnings subject to state and federal unemployment taxes. Recall that amounts that are owed. Feedback

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