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 Sod Security Tot Tox Date Woges Pla April 15 22 20 May 12 19 26 Earning 2,422.00 2,510.00 2,422.00 2,466.00 $ 9,520.00 2,570,00 2.422.00 2.422.00 2.466.00 $9.680.00 $ 2,510.00 2,422.00 2,466.00 2.422.00 2,398.00 $ 12,198.00 31,700.00 Daducted $ 150.16 155.62 150.16 152.89 3 603.03 9 147.44 150.16 150.16 152/ 600.65 $ 155.62 250.10 152.89 158.16 142.44 S756,22 $1,965.75 Hadicard TAS Deduceea $ 35.12 36.46 39.12 35.76 5142.40 $34.48 35.12 39X2 35.76 8140.40 36.40 35.12 35.76 35.12 14.40 $176.88 $459.76 Income Tox withheld $240.00 247.00 240.00 244.00 $ 971.00 236.00 240.00 240,00 244,00 260.00 3 247100 240.00 240,00 240.90 216.00 1207.00 $9,118.00 June 2 9 16 23 30 Total percent Social security Medicare FUTA SUTA 6.2 1.45 0.6 5.4 FUTA SUTA 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.) View transaction list Journal entry worksheet 2 3 Record payroll tax expense. Note Enter debits before credits General Journal Debit Credit Date April 8,20x1 Pro 1 of 1 !!! Nox
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