Question: need help as soon as possible PR 11-2A Entries for payroll and payroll taxes arExpense,$52,795 ayroll for the week ended December 1. (b) Dr. Payroll

need help as soon as possible need help as soon as possible PR 11-2A Entries for payroll and payroll taxes arExpense,$52,795 ayroll for the week ended December 1. (b) Dr.

PR 11-2A Entries for payroll and payroll taxes arExpense,$52,795 ayroll for the week ended December 1. (b) Dr. Payroll The following information about the p tained from the records of Qualtech Co.: Deductions: Salaries: Sales salaries $350,000 Income tax withheld $1 18,800 Warehouse salaries 180,000 Social security tax withheld 40,500 Office salaries 145,000 Medicare tax withheld 10,125 $675,000 U.S. savings bonds 14,850 Group insurance 12,150 $1 96,425 Tax rates assumed: Social security, 696 Medicare, 1.5% State unemployment (employer only), 5.4% Federal unemployment (employer only), 0.8%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!