According to a summary of the payroll of PJW Co., $380,500 in earnings were subject to the 7.7% FICA tax. Also, $62,783 in earnings were subject to state and federal unemployment taxes. Round your answers to the nearest cent. a.  Calculate the employer's payroll taxes, using the following rates: state unemployment, 4.4%; federal unemployment, 1.1%.

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

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Q: For all payroll calculations, use the following tax rates and round amounts to the nearest cent…

A:

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

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

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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: Jack's Lawn Service Company has the following information related to its current year payroll as of…

A:

Q: You have been asked to prepare the entry to record the payroll on February 15, 20X1, for Hotel…

A: To determine each employee's FICA tax liability, multiply their gross pay by 7.65%, as seen below.…

Q: According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0%…

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

Q: The payroll of Buffalo Company for September 2019 is as follows. Total payroll was $468,000, of…

A: Debit the salary, salary and company payroll taxes you paid. This will increase your expenses for…

Q: Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the…

A: The State Unemployment Tax Act, or SUTA, is a payroll tax that employers must pay to their…

Q: According to a summary of the payroll of Kirby Co., $380,500 in earnings were subject to the 7.6%…

A: Payroll taxes refers to the taxes that are applicable on the payroll expense of the entity. It…

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: During the year, Plum Company has a SUTA tax rate of 4.8%. The taxable payroll for the year for FUTA…

A: Given: SUTA tax rate = 4.8% The taxable payroll for FUTA and SUTA =$123,400

Q: Ultimate Accounting Services has the following payroll information for the week ending in December…

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

Q: The payroll register of Heritage Co. indicates $13,800 of social security withheld and $3,450 of…

A: State unemployment tax payable= Earnings x State rate= $36000*5.40%= $1944 Federal Unemployment tax…

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: Vulcra, Inc., has a semimonthly payroll of $67,000 on September 15, 20--. The total payroll is…

A: Journal entry for payment of wages, and payroll taxes on 15 September

Q: Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the…

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Q: According to a summary of the payroll of Scofield Industries Co., $600,000 was subject to the 6.0%…

A: 1. STATE UNEMPLOYMENT TAXES : = $20,000 X 4.2 % = $840   2. FEDERAL UNEMPLOYMENT TAXES : = $20,000…

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

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Q: Pearl Hardware payroll for November 2020 is summarized below.           Amount Subject to Payroll…

A: The following calculations represent the schedule of the total cost of wages of the employer:

Q: According to a summary of the payroll of Guthrie Co., $560,000 was subject to the 6.0% social…

A: Employer payroll taxes: The taxes which the employer must pay to the employees with their salaries…

Q: According  to the accounted of larkspur, inc its payroll taxes for the week were as follows $133.50…

A: Given data: FICA tax = $133.5 Federal unemployment taxes = $16.50 State unemployment tax = $93

Q: During the month of February, Bramble Corp's employees earned wages of $108,000. Withholdings…

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Q: Go Systems had the following payroll data for wages for the week ended February 5. The state income…

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Q: According to a summary of the payroll of Scotland Company, salaries for the period were $400,000.…

A:

Q: For all payroll calculations, use the following tax rates and round amounts to the nearest cent…

A:

Q: According to a summary of the payroll of Guthrie Co., $610,000 was subject to the 6.0% social…

A: Social Security tax payable = Gross payroll x Social Security tax rate = 610000*6% = $36,600…

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

A:

Q: England, Inc., had the following payroll for March:   Officers’ salaries $39,000 Sales salaries…

A: The journal entry is the entry where the financial transactions are recorded initially.

Q: According to a summary of the payroll of Guthrie Co., $560,000 was subject to the 6.0% social…

A: A payroll tax is a tax  deducted (withheld) by an employer from an employee's salary who pays it to…

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

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Q: At the end of October, the payroll register for Garden Marbles Corporation contained the following…

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Q: The payroll of YellowCard Company for September 2020 is as follows. Total payroll was $480,000, of…

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Q: Vulcra, Inc., has a semimonthly payroll of $67,000 on September 15, 20--. The total payroll is…

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Q: Journalize the entry to record the accrual of payroll.

A: Given information is: According to a summary of the payroll of Scotland Company, salaries for the…

Q: The payroll of Marin Company for September 2019 is as follows. Total payroll was $484,000, of which…

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

Q: According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0%…

A: Taxation refers to the imposition of compulsory financial obligations by the government on…

Q: According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0%…

A: In this question, we have been asked to calculate payroll tax expenses for which we have been given…

Q: What amount should be reported as total payroll tax liability?

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Q: According to a payroll register summary of Swifty Company, the amount of employees' gross pay in…

A: Payroll tax expense = FICA taxes payable + State unemployment taxes payable + Federal unemployment…

Q: The payroll of Pearl Company for September 2019 is as follows. Total payroll was $444,000, of which…

A: Working note: Computation of FICA taxes payable: Computation of FUTA and SUTA tax payable:

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

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Q: The payroll register for Star Express & Company for the pay period ended January 31, 20--, showed…

A: Debit what comes in, Credit what goes out. Debit the receiver, Credit the giver. Debit all expenses…

Q: Waterway Industries's payroll for the pay period ended October 31, 2021 is summarized as follows:…

A: Payroll taxes: It is the tax that is withheld, charged, or levied on the payroll of the employer and…