6. [Para. 4-a-6] General Fund payrolls for the year totaled $4,460,212. Of that amount, $936,701 was withheld for employees' federal income taxes; $535,258 for federal payroll taxes; $133,815 for employees' state income taxes; $267,629 for retirement funds administered by the state government; and the remaining $2,586,809 was paid to employees in cash. The City of Smithville does not record encumbrances for payrolls. The payrolls were chargeable against the following functions' appropriations: General Government $ 956,254 Public Safety 1,771,480 Public Works 656,690 Health and Welfare 572,370 Culture and Recreation 503,418 Total $4,460,212 Required: Make summary journal entries for payroll in both the General Fund and governmental activities general journals for the year.
6. [Para. 4-a-6] General Fund payrolls for the year totaled $4,460,212. Of that amount, $936,701 was withheld for employees' federal income taxes; $535,258 for federal payroll taxes; $133,815 for employees' state income taxes; $267,629 for retirement funds administered by the state government; and the remaining $2,586,809 was paid to employees in cash. The City of Smithville does not record encumbrances for payrolls. The payrolls were chargeable against the following functions' appropriations: General Government $ 956,254 Public Safety 1,771,480 Public Works 656,690 Health and Welfare 572,370 Culture and Recreation 503,418 Total $4,460,212 Required: Make summary journal entries for payroll in both the General Fund and governmental activities general journals for the year.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sir please help me
![6. [Para. 4-a-6] General Fund payrolls for the year totaled $4,460,212. Of that
amount, $936,701 was withheld for employees' federal income taxes;
$535,258 for federal payroll taxes; $133,815 for employees' state income
taxes; $267,629 for retirement funds administered by the state
government; and the remaining $2,586,809 was paid to employees in
cash. The City of Smithville does not record encumbrances for payrolls.
The payrolls were chargeable against the following functions'
appropriations:
General Government
$ 956,254
Public Safety
1,771,480
Public Works
656,690
Health and Welfare
572,370
Culture and Recreation
503,418
Total
$4,460,212
Required: Make summary journal entries for payroll in both the General
Fund and governmental activities general journals for the year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5f21b3a3-c71c-4ddc-8218-cece0124510d%2F9f2e4996-56e4-4443-a42e-e2da04334567%2F2v7hpq_processed.png&w=3840&q=75)
Transcribed Image Text:6. [Para. 4-a-6] General Fund payrolls for the year totaled $4,460,212. Of that
amount, $936,701 was withheld for employees' federal income taxes;
$535,258 for federal payroll taxes; $133,815 for employees' state income
taxes; $267,629 for retirement funds administered by the state
government; and the remaining $2,586,809 was paid to employees in
cash. The City of Smithville does not record encumbrances for payrolls.
The payrolls were chargeable against the following functions'
appropriations:
General Government
$ 956,254
Public Safety
1,771,480
Public Works
656,690
Health and Welfare
572,370
Culture and Recreation
503,418
Total
$4,460,212
Required: Make summary journal entries for payroll in both the General
Fund and governmental activities general journals for the year.
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