Question: Required information SB Problem 11.2A (Algo) and Problem 11.3A (Algo) [The following information applies to the questions displayed below.] A payroll summary for Mark Consulting

Required information SB Problem 11.2A (Algo) and Problem 11.3A (Algo) [The following information applies to the questions displayed below.] A payroll summary for Mark Consulting Company, owned by Mark Fronke, for the quarter ending June 30, 20X1, appears below. The firm made the required tax deposits as follows: a. For April taxes, paid on May 15. b. For May taxes, paid on June 17. Social Date Wages Security Medicare Income Total Tax Tax Tax Paid Earnings Deducted Deducted Withheld April 8 $ 2,252.00 $ 139.62 $ 32.65 $ 223.00 15 2,340.00 145.08 33.93 230.00 22 29 2,252.00 2,296.00 139.62 32.65 223.00 142.35 33.29 227.00 $ 9,140.00 $ 566.67 $132.52 $ 903.00 May 5 $ 2,208.00 $ 136.90 $ 32.02 $ 219.00 222 12 2,252.00 139.62 32.65 223.00 19 2,252.00 139.62 32.65 223.00 26 2,296.00 142.35 33.29 227.00 $ 9,008.00 $ 558.49 $130.61 $ 892.00 June 2 $ 2,340.00 $ 145.08 $ 33.93 $ 230.00 9 2,252.00 139.62 32.65 223.00 16 2,296.00 142.35 33.29 227.00 23 2,252.00 139.62 32.65 223.00 30 2,208.00 136.90 32.02 219.00 $ 11,348.00 $ 703.57 $164.54 $1,122.00 Total $ 29,496.00 $1,828.73 $427.67 $2,917.00 Social security Medicare FUTA SUTA 6.2 1.45 percent 0.6 5.4 Problem 11.2A (Algo) Computing employer's social security tax, Medicare tax, and unemployment taxes. LO 11-2, 11-3 Required: 1. Using the tax rates given above, and assuming that all earnings are taxable, make the general journal entry on April 8, 20X1, to record the employer's payroll tax expense on the payroll ending that date. 2. Prepare the entries in general journal form to record deposit of the employee income tax withheld and the social security and Medicare taxes (employee and employer shares) on May 15 for April taxes and on June 17 for May taxes. (For all requirements, round your answers to 2 decimal places.) 1 2 3 Record payroll tax expense. Note: Enter debits before credits. Date April 8, 20X1 General Journal Debit Credit 1 2 3 Record entry for deposit of payroll taxes for April. Note: Enter debits before credits. Date May 15, 20X1 General Journal Debit Credit > 1 2 3 Record entry for deposit of payroll taxes for May. Note: Enter debits before credits. Date June 17, 20X1 General Journal Debit Credit

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