Question: HW problem - Module 2 - utilizing payroll template Instructions: Prepare the payroll register for each EE. Journal the payroll items below and then update

HW problem - Module 2 - utilizing payroll template Instructions: Prepare the payroll register for each EE. Journal the payroll items below and then update the trial balance as of February 28th Feb. 25th - Paid Federal w/h, Social Security, and Medicare payroll tax liabilities. Feb. 28th - Semi-monthly payroll. Thus 3 previous pays. Assume all employees' wages and payroll deductions have not changed since Jan. 1st. County rate for each EE 1.5%, Company SUTA rate 2.5% EE #1 Current wages $2,750 Fed Wh = $250 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 14th 20XX Debit Credit Cash 14,650.00 Soc. Sec. payable 735.00 Medicare payable 175.00 Federal income taxes payable 600.00 State income taxes payable 400.00 County income taxes payable 185.00 FUTA payable 122.00 SUTA payable 600.00 Capital 39,483.00 Wages Expense 24,500.00 Payroll tax Expense 3,150.00 Total 42,300.00 42,300.00

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