Question: uctor payroll Step 2 Section 2 Accounting Applications Instruction: Use the tabs above to navigate back and forth between sections Schroeder Company pays its employees
uctor payroll Step 2 Section 2 Accounting Applications Instruction: Use the tabs above to navigate back and forth between sections Schroeder Company pays its employees on a biweekl y basis. This means that each pay period is two weeks long. Therefore, there are 26 pay periods each year. Ass Employee earnings Federal income tax on employee earnings State income tax on employee earnings Social Security tax rate Medicare tax rate Federal unemployment tax rate State unemployment tax rate $35,600.00 $6,408.00 $2.492.00 6.20% 1.45% 4.00% 3.00% Hide |Prepare the gournal entry to record the gross pay earned by the moiayees for the pay period ending June as Asume that che net pay will be paid on this date, but not be paid uncil the end of the quarer If an amount bow does nes require an entry, leave it blank or encer " frecuired, round your answars to the nearest cent. ROC Journal Entry Date Account Titles Dr. Cr
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