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Wages EXERCISES 1721. Expense.................................................................. Employees Income Taxes Payable ($28,348 0.17). FICA Taxes Payable ($28,348 0.0765)...................... Union Dues Payable...................................................... Cash............................................................................... To record weekly payroll. Payroll Tax...
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Wages EXERCISES
1721. Expense.................................................................. Employees Income Taxes Payable ($28,348 0.17). FICA Taxes Payable ($28,348 0.0765)...................... Union Dues Payable...................................................... Cash............................................................................... To record weekly payroll. Payroll Tax Expense........................................................... FICA Taxes Payable...................................................... State Unemployment Taxes Payable ($28,348 0.054)......................................................... Federal Unemployment Taxes Payable ($28,348 0.008)......................................................... To record weekly payroll taxes. *Let X = Gross wages X 0.17X 0.0765X $160 = $21,200 0.7535X = $21,360 X = $28,348 (rounded) 1722. Salaries and Commissions Expense................................ FICA Taxes Payable...................................................... Employees Income Taxes Payable.............................. Cash............................................................................... Payroll Tax Expense........................................................... FICA Taxes Payable...................................................... Federal Unemployment Taxes Payable......
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Calculus 1Spring Semester 2009Course MATHS 165 Section 3 Instructor Dr. Hanspeter FischerMT RF 2:002:50 pmRB 118Contact Office: RB 426 Phone: 285-8680 E-mail: fischer@math.bsu.edu (please use MATHS 165 as subject line) http:/www.cs.bsu.edu/~
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