Problem $8-2$A

LO $1$ Complete Accounting Services has the following payroll information for the week ended December $7.$ State income tax is computed as $20$ percent of federal income tax.

$\backslash$table$[[,$A$,$C$,$F$,$K$,$L$],[1,$NAME,BEGINNING CLMULATVE EARNINGS,TOTAL EARNINGS,DEDUCTIONS$],[2,,],[4,$FEDERAL INCOME TAX,STATE INCONE TAX$],[5,$Denato, T$.,6,820,00,480,00,24\mathrm{.}00,4\mathrm{.}80],[6,$Herrera, M$.,6,840,00,470\mathrm{.}00,23\mathrm{.}00,4\mathrm{.}60],[7,$Joyner, J$.,36,320\mathrm{.}00,740\mathrm{.}00,58\mathrm{.}00,11\mathrm{.}60],[8,$King, L$.,26,200\mathrm{.}00,540\mathrm{.}00,30\mathrm{.}00,6\mathrm{.}00],[9,$Wilson, M$.,116,060\mathrm{.}00,2,720\mathrm{.}00,456\mathrm{.}78,91\mathrm{.}36],[10,$Yee, N$.,28,426\mathrm{.}00,605\mathrm{.}00,37\mathrm{.}00,7\mathrm{.}40],[11,,,,,]]$

Assumed tax rates are as follows:

A$.$ FICA: Social Security, $($employer$)6\mathrm{.}2$ percent $(0\mathrm{.}062)$ and $($employee$)6\mathrm{.}2$ percent $(0\mathrm{.}062)$ on the first $$118,500$ for each employee, and Medicare, $1\mathrm{.}45$ percent $(0\mathrm{.}0145)$ on all earnings for each employee.

State unemployment tax, $5\mathrm{.}4$ percent $(0\mathrm{.}054)$ on the first $$7,000$ for each employee.

C$.$ Federal unemployment tax, $0\mathrm{.}6$ percent $(0\mathrm{.}006)$ on the first $$7\mathrm{.}000$ for each employee.

REQUIREDC. Federal unemployment tax, $0\mathrm{.}6$ percent $(0\mathrm{.}006)$ on the first $$7,000$ for each employee.

REQUIRED

Complete the payroll register. Payroll checks begin with Ck$.$ No$.5714$ in the payroll register.

Prepare a general journal entry to record the payroll as of December $7.$ The company's general ledger contains a Salary Expense account and a Salaries Payable account.

Prepare a general journal entry to record the payroll taxes as of December $7.$

Journalize the entry to pay the payroll on December $9.($Assume that the company has transferred cash to the Cash$-$Payroll Bank Account for this payroll.$)$

content enforced $288069-21549\mathrm{.}202510$ Problem $8-2$a$.$xlsx

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