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

SB Problem 11.2A (Algo) and Problem 11.3A (Algo) Skip to question [The following information applies to the questions displayed below.] A payroll summary for Cortez Consulting Company, owned by Coni Cortez, for the quarter ending June 30, 20X1, appears below. The firm made the required tax deposits as follows: For April taxes, paid on May 15. For May taxes, paid on June 17. Date Wages Paid Total Earnings Social Security Tax Deducted Medicare Tax Deducted Income Tax Withheld April 8 $ 2,412.00 $ 149.54 $ 34.97 $ 239.00 April 15 2,500.00 155.00 36.25 246.00 April 22 2,412.00 149.54 34.97 239.00 April 29 2,456.00 152.27 35.61 243.00 $ 9,780.00 $ 606.35 $ 141.80 $ 967.00 May 5 $ 2,368.00 $ 146.82 $ 34.34 $ 235.00 May 12 2,412.00 149.54 34.97 239.00 May 19 2,412.00 149.54 34.97 239.00 May 26 2,456.00 152.27 35.61 243.00 $ 9,648.00 $ 598.17 $ 139.89 $ 956.00 June 2 $ 2,500.00 $ 155.00 $ 36.25 $ 246.00 June 9 2,412.00 149.54 34.97 239.00 June 16 2,456.00 152.27 35.61 243.00 June 23 2,412.00 149.54 34.97 239.00 June 30 2,368.00 146.82 34.34 235.00 $ 12,148.00 $ 753.17 $ 176.14 $ 1,202.00 Total $ 31,576.00 $ 1,957.69 $ 457.83 $ 3,125.00 Social security 6.2 percent Medicare 1.45 FUTA 0.6 SUTA 5.4 Problem 11.2A (Algo) Computing employer's social security tax, Medicare tax, and unemployment taxes. LO 11-2, 11-3 Required: 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 payr

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