Question: Please answer fast will leave good review The payroll records of Try It Company provided the following data for the weekly pay period ended December

Please answer fast will leave good review Please answer fast will leave good review The payroll records of Try

The payroll records of Try It Company provided the following data for the weekly pay period ended December 7 : The FIC.A social security tax rate is 6.2% and the FICA Medicare tax rate is 1.45% on all of this week's wages paid to each employee. The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7,000 paid to each employee. Medical Insuance, Union Dues, and United Way Charity are all voluntary deductions, paid by the employ ee. REQUIRED: Prepare the journal entries to: (a) record the accrued payroll for the pay period ended December 7. (h) record the accrued employer payroll taxes expense related to the pay perind ended December 7 . Note: Round all final number to two decimal places. For example, $45.25

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