The payroll register of Seaside Architecture Company indicates $870 of social security and S 217 of Medicare tax withheld on total salaries of $14, 500 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $5, 250 at the federal rate of 0.8% and state rate of 5.4%. Prepare the journal entry to record the payroll tax expense for the period.

Q: The payroll register for Kronberg Company indicates $13,200 of social security withheld and $3,300…

A: Total Salaries is the Gross Salary for the company to give out to the employees In a payroll…

Q: The payroll register of Seaside Architecture Company indicates $980 of social security taxes and…

A: Withheld tax applicable to employment income. A withheld tax is a type of income tax which paid to…

Q: Provide the journal entry to record the payroll tax expense for the period.

A: Given: Withheld social security = $ 4,200 Tax of Medicare = $ 1,050 Total salaries = $ 70,000…

Q: The payroll register of Longboat Co. indicates $5,400 of social security withheld and $1,350 of…

A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…

Q: The following totals for the month of April were taken from the payroll records of Wildhorse Co..…

A: A payroll register is a register that records the remuneration of all employees and payroll-related…

Q: The payroll register of Clapton Co. indicates $11,340 of social security withheld and $2,835 of…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: The payroll register of Longboat Co. indicates $5,400 of social security withheld and $1,350 of…

A: Payroll: The total payment that a company is required to pay its employee for the service is called…

Q: ng to a summary of the payroll of Scotland Company, $450,000 was sub cial security tax and $500,000…

A: The acronym SUTA stands for State Unemployment Tax which has been deducted for the unemployed…

Q: The payroll register of Heritage Co. indicates $12,000 of social security withheld and $3,000 of…

A: Taxes and Deduction of: Social Security Tax Medicare Tax Employees Federal Income Tax  Retirement…

Q: According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social…

A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…

Q: The payroll register or Longboat Company indicates $5,400 of social security withheld and $1,350 of…

A: Compute state and federal unemployment compensation taxes as shown below:

Q: ournalizing Payroll Transactions On December 31, the payroll register of Hamstreet Associates…

A: ParticularsWages%AmountSocial Security Tax $ 8,0006.20%$ 496.00Medicare Tax$ 8,7001.45%$…

Q: The payroll reoster of Heritage Co. indicates $12,000 of social security withhekd and $3,000 of…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: The payroll register of Heritage Co. indicates $4,800 of social security withheld and $1,200 of…

A: Answer:-  Journal entry meaning:- The act of maintaining or creating records of any transaction,…

Q: $ 9,814.40 Total gross earnings of all employees: Total social security tax withheld: 608.49 Total…

A: Payroll tax is a tax which is used to deducted to social security and Medicare expenses of employees…

Q: Wage and Tax Statement Data on Employer FICA Tax Ehrlich Co. began business on January 2. Salaries…

A: Employee wage and tax statement: it is also known as Form W-2. It is an IRS (Internal Revenue…

Q: according to a summary of the payroll of Scotland company, salaries for the. Were 500,000 federal…

A: Introduction: A journal is the official book of the firm in which all transactions are documented in…

Q: The payroll register of Ruggerio Co. indicates $10,500 of social security withheld and $2,625 of…

A: Payroll: The total payment that a company is required to pay to its employee for the services…

Q: LZ Uonsəno Total gross earnings of all employees: $ 9,814.40 608.49 Total social security tax…

A: Payroll tax expense for the employer includes FICA taxes (social security tax and medicare tax) ,…

Q: Journalize Payroll Tax The payroll register of Wang Engineering Co. indicates $2,022 of social…

A: Payroll expense means expenses related to employees compensation. Several taxes needs to be deducted…

Q: The payroll register of Wang Heritage Co indicates $1,848 of social security withheld and $462.00 of…

A: Payroll taxes are levied on workers and companies depending on salaries, gratuities, and wages…

Q: The payroll register of Clapton Co. indicates $11,340 of social security withheld and $2,835 of…

A: Salaries Payable = Total salary - Social security tax - Medicare tax - Employees Federal Income tax

Q: Lee Company has the following information for the pay period of December 15–31: Gross payroll…

A: Given that: Gross payroll = $15416 Social security taxes = 6% Medicare rate = 1.5% Federal income…

Q: The payroll register of Salem Communications Co. indicates 6.2% of social security withheld and…

A: Payroll taxes are the amount of tax liability that is to be paid on payment of salaries and wages to…

Q: Write the journal entry 01/14/2022 (7a) Accrued $7,000 in salaries for the period 01/01 - 01/14.…

A: Accrued salary = $7,000 Federal income tax payable = 20% x $7,000 = $1,400 State income tax payable…

Q: Complete Accounting Services has the following payroll information for the week ended December 7.…

A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…

Q: The payroll register of Patel Heritage Co indicates $2,280 of social security withheld and $570.00…

A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…

Q: Journalize Period Payroll The payroll register of Shortman Co. indicates $3,240 of social security…

A: Since you have posted multiple different questions, we will do the first one for you. Please post…

Q: he payroll register of Seaside architecture company indicates $915 of Social Security and $177 of…

A: A record is frequently recorded in the primary ledger; however, it may alternatively be entered in a…

Q: The payroll register of Chupa Chup Engineering Services indicates $1,000 of social security withheld…

A: Employees and employers must pay payroll taxes on earnings and tips earned, as well as salary paid…

Q: The payroll register of Sara Company indicates $5,850 of social security tax withheld and $1,600 of…

A: Introduction: Payroll tax expense account is indeed the holding account used to keep track of the…

Q: The payroll register of Clapton Co. indicates $11,340 of social security withheld and $2,835 of…

A: Journal entry is always needed to make to record event and transaction that occurs during a…

Q: According to a summary of the payroll of Scotland Company, salaries for the period were $500,000.…

A: Social Security tax = Taxable Earnings x Social Security tax rate = $500,000*6.00% = $30,000…

Q: Provide the journal entry to record the payroll tax expense for the period. If an amount box does…

A: The imposition of the tax liability on the salaries of the employer or the employee is known as…

Q: Journalize payroll taxThe payroll register of Heritage Co. indicates $4,200 of social security…

A: The payroll accounting includes the recording of the payroll expenses, employees'…

Q: . The payroll register of Seaside Architecture Company indicates $970 of social security and $257 of…

A: Lets understand the basics. Journal is required to make to record event and transaction that…

Q: The payroll register of Patel Engineering Co. indicates $1,440 of social security withheld and $360…

A: Journal: Recording of a business transactions in a chronological order.

Q: Journalize Period Payroll The payroll register of Wang Engineering Co. indicates $960 of social…

A: Payroll taxes:  Payroll taxes are the taxes withheld by the employers from the wages/salary payable…

Q: The payroll register of Salem Communications Co. indicates $29,580 of social security withheld and…

A: Debit the receiver and credit the giver. Debit what comes in and credit what goes out. Debit…

Q: Greensburg Inc. had the following payroll for October 2020:               Employee Wages…

A: What are journal entries? It is the first step to record the financial transactions in the books of…

Q: The payroll register of Castilla Heritage Co indicates $2,790 of social security withheld and…

A: Federal Unemployment Taxes = Taxable earnings x Federal Unemployment Taxes rate State Unemployment…

Q: Assume that the social security tax rate is 6% and the Medicare tax rate i 1.5%. In the following…

A: Payroll refers to the payment to be made by the employer to the employees for the services rendered…

Q: The payroll register of heritage co. Indicates $3900 of social security withheld and $975 of…

A: Federal Unemployment Compensation taxes =$65,000×0.8%=$520   State Unemployment Compensation taxes…