Question: ID Help Save & Exit Submit Ch 09 Homework Check my work 4 Qs 9-6 Recording employer payroll taxes LO P3 Merger Co. has 10
ID Help Save & Exit Submit Ch 09 Homework Check my work 4 Qs 9-6 Recording employer payroll taxes LO P3 Merger Co. has 10 employees, each of whom earns $1,800 per month and has been employed since January 1. FICA Social are o 6% and SUTA taxes are 54% of the first $7000 paid to each empcyee. FUTA taxes ty ta es are 62% ofthe first $118,500 padt each e p oyee, and FCA Medicare taxes are 14% of gross pe points payroll taxes expenses. (Round your answers to 2 decimal places) your answers to 2 Prepare the March 31 journal entry to record the March payroll taxes expenses. (Round Journal entry worksheet Record employer payroll taxes Note: Enter debits befone credts Debit Credit Mar 31 Payoll taxes expense CA-Social sec. taxes payable FICA-Medioare taxes payable xes payable laxes payable Prev 4 of 17Next > MacBook Pro Q Search or enter website name
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