Problem $22-10$

Prepare the required journal entries for the current payroll. Journal on next page.

$12/15/2014$ Payroll

$\backslash$table$[[,$John,Don,Alan,Brenda$],[$YTD last pay date,$$,117,500,$$$,113,000,$$$,54,000,$$$,4,000],[$This period,,$5,000,,4,000,,7,000,,8,000],[$Year$-$to$-$date,$$,122,500,$$$,117,000,$$$,61,000,$$$,12,000]]$

Base $$117,000$

$\backslash$table$[[$FICA Rate,$7\mathrm{.}65\%,$or $\mathrm{.}0765,$Social Security $6\mathrm{.}2\%,$Medicare $1\mathrm{.}45\%$