Question: Please post this Payroll journal entry: Total Payroll for week ending 7/1/2015 is as follows: Gross Payroll $100,000.00. The employer withholds the following: Federal Taxes

 Please post this Payroll journal entry: Total Payroll for week ending
7/1/2015 is as follows: Gross Payroll $100,000.00. The employer withholds the following:

Please post this Payroll journal entry: Total Payroll for week ending 7/1/2015 is as follows: Gross Payroll $100,000.00. The employer withholds the following: Federal Taxes Payable: $15,000 State Taxes Payable: $5,000 FCIA Taxes Payable: $ 7,650 After withholding the employee's net pay was $72,350.00. Please post the entries: Debit Credit Salaries expense: Federal Taxes Payable State Taxes Payable FICA Taxes Payable Cash Payroll Tax Entry: To continue assume that state unemployment taxes are $1,500.00 and Federal unemployment taxes are $500.00. Please post the entries: Debit Credit Payroll Tax Expense FICA Taxes Payable: State Unempl. Tax Payable Federal Unempl. Tax Payable Taxes will be paid at a later date... . Please post these entries: A member makes a loan for $6000.00. A check is disbursed to the member in amount of $6000.00 Debit Credit Loan Cash A member makes a loan payment of $200.00, $195.00 goes to principal, $5.00 goes to interest? Please make the entry. Debit Credit Loan Interest Cash A member makes a share deposit of $10,000.00. Please make the entry for the credit union balance sheet. Debit Credit Member Share Account Cash We pay an invoice to our data processor for monthly billing in the amount of $3800.00 Debit Credit Expense Cash

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