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JPG

School

Juniata College *

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Course

4866

Subject

Accounting

Date

Nov 24, 2024

Type

JPG

Pages

1

Uploaded by CountElectron2442

Report
15. 15, 15. 29 29, 29. 16 31, June 3 Paid the treasurer of the union the amount of union dues withheld from workers' earnings during March. Payroll: $6,105. All wages and salaries taxable. Withheld $565 for federal income taxes, $107.32 for state income taxes, and $50 for union dues. Paid the treasurer of the state the amount of state income taxes withheld from workers' earnings during the first quarter. Electronically transferred funds to remove the liability for FICA taxes and employees’ federal income taxes withheld on the March payrolis. ] Payroll: $5,850. All wages and salaries taxable. Withheld $509 for federal Income taxes, $128.90 for state income taxes, and $55 for union dues. Filed the Employer's Quarterly Federal Tax Return (Form 941) for the period ended March 31. No journal entry IS required, since the FICA taxes and federal Income taxes withheld have been timely pald. Flled the state contribution return for the quarter ended March 31 and pald the amount to the state urfemployment compensation fund. Pald the treasurer of the union the amount of union dues withheld from workers' earmings during April Payroll: $5,810, All wages and salaries taxable. Withheld $507 for federal Income taxes, $125.0S for state Income taxes, and $55 for union dues Electronically transferred funds to remove the liabllity for FICA taxes and federal income taxes withheld on the April payrolls, Payroll: $6,060, All wages and salaries taxable, Withheld $533 for federal Income taxes, $119.00 for state income taxes, and $50 for union dues Paid the treasurer of the union the amount of union dues withheld from workers' eamings during May Payroli: $6,380. All wages and salaries taxable, except only $5,000 Is taxable under FUTA and SUTA. Withheld $549 for federal iIncome taxes, $128.70 for state income taxes, and $50 for union dues Electronically transferred funds to remove the liability for FICA taxes and federal income taxes withheld on the May payrolis,
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