Prepare the journal entry to record a $15,000 bonus owed to its workers (to be shared equally) at calendar year-end.

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Chapter 9, Problem 7QS

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Prepare the journal entry to record a $15,000 bonus owed to its workers (to be shared equally) at calendar year-end.

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ansmayolga me edi bio JO NAT CALCULATING PAYROLL TAXES EXPENSE AND PREPARING JOURNAL ENTRY Selected information from the payroll register of Ebeling's Dairy for the week ended July 7, 20--, is shown below. The SUTA tax rate is 5.4%, and the FUTA tax rate is 0.6%, both on the first $7,000 of earnings. Social Security tax on the employer is 6.2% on the first $128,400 of earnings, and Medicare tax is 1.45% on gross earnings. Taxable Earnings 0.0 dmatge2 to 26 oll evolqis gas basM BY Cumulative Pay Before Current Earnings 600 dad no Click, Katelyn 1 ATUT $ 6,650 $ 800 onibbs Employee Name Coombs, Michelle ol noam Fauss, Erin Lenihan, Marcus A9 6,370 Current (SVO) Aeg Weekly Unemployment Social Earnings Compensation Security 720 repare the jour entry to ended 900 S 011200133,460 33,460 tumo 1,200 AY McMahon, Drew MYA Я0 obsH Newell, Margballe aid ni Stevens, Matt basing 210 6,930 127,050 JAЯ4,440 35,470 R 38,675 80 K ed July 15 of the cur (EOJ) A2-03 2E212 3/20 1,110 YER PAYROLL TAXES Eam-…

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