HW problem $-$ Module $2-$ utilizing payroll template

Instructions: Prepare the payroll register for each EE$.$ Joumal the payroll items below and then

update the trial balance as of February ${28}^a$

Feb. ${25}^{th}-$ Paid Federal w$/$h$,$ Social Security, and Medicare payroll tax liabilities.

Feb. ${28}^{th}-$ Semi$-$monthly payroll. Thus $3$ previous pays. Assume all employees' wages and

payroll deductions have not changed since Jan. $1^{th}.$

County rate for each EE $1\mathrm{.}5\%,$ Company SUTA rate $2\mathrm{.}5\%$

EE #$1$ Current wages $$2,750$ Fed $Wh=$$$2,50$

EE#$2$ Current wages $$2,200$ Fed $Wh=$$$210$

EE #$3$ Current wages $$1,800,$ Fed $wh=$$$150$

Use the trial balance below for your opening balances

Company Name

Trial Balance

As of Feb $14$ th $20x$

Debit

Credit

Cash

$14,650\mathrm{.}00$

Soc. Sec. payable

$735\mathrm{.}00$

Medicare payable

$175\mathrm{.}00$

Federal income taxes payable

$600\mathrm{.}00$

State income taxes payable

$400\mathrm{.}00$

County income taxes payable

$185\mathrm{.}00$

$122\mathrm{.}00$

FUTA payable

SUTA payable

$600\mathrm{.}00$

$39,483\mathrm{.}00$

Capital

Wages Expense

$24,500\mathrm{.}00$

Payroll tax Expense

$3,150\mathrm{.}00$

$42,300\mathrm{.}00$

$42,300\mathrm{.}00$

Total