Current Attempt in ProgressSelected data from a February payroll register for Bramble Company are presented below. Some amounts are intentionally omitted.Gross earnings:RegularOvertimeTotalDeductionsFICA taxesFederal income taxesGross earnings:RegularOvertimeTotalDeductionsFICA taxes$8,800Fill in the missing amounts. (Round answers to 0 decimal places, eg. 125)Federal incometaxes(1)List of Accounts(2)$765The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare taxrate of 1.45% on all salaries and wages. State income taxes are 4% of gross earnings2,000eTextbook and MediaState Income taxesUnion duesTotal deductionsNet payAccount debited:Salaries and wages expense$8,800$7652,000(1)(2)$(3)190(4)$6,645201(5)Net payState income taxesUnion duesTotal deductionsAccount debited:Salaries and wagesexpense190$6,645(3)(4)(5)

The total earnings are defined as the monetary receipts collected by a person from any source of…

Current Attempt in Progress Selected data from a February payroll register for Bramble Company are presented below. Some amounts are intentionally omitted. Gross earnings: Regular Overtime Total Deductions FICA taxes Federal income taxes Gross earnings: Regular Overtime Total Deductions Fill in the missing amounts (Round answers to 0 decimal places, eg 125) FICA taxes $8,800 Federal income taxes (1) The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. State income taxes are 4% of gross earnings 4 List of Accounts (2) $765 2,000 eTextbook and Media State Income taxes Union dues Total deductions Net pay Account debited: Salaries and wages expense $8,800 $765 2.000 (1) (2) $(3) 190 Net pay (4) $6,645 (5) State income taxes Union dues Total deductions Account debited Salaries and wages expense 190 $6,645 B (4) (5)

Current Attempt in Progress Selected data from a February payroll register for Bramble Company are presented below. Some amounts are intentionally omitted. Gross earnings: Regular Overtime Total Deductions FICA taxes Federal income taxes Gross earnings: Regular Overtime Total Deductions Fill in the missing amounts (Round answers to 0 decimal places, eg 125) FICA taxes $8,800 Federal income taxes (1) The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. State income taxes are 4% of gross earnings 4 List of Accounts (2) $765 2,000 eTextbook and Media State Income taxes Union dues Total deductions Net pay Account debited: Salaries and wages expense $8,800 $765 2.000 (1) (2) $(3) 190 Net pay (4) $6,645 (5) State income taxes Union dues Total deductions Account debited Salaries and wages expense 190 $6,645 B (4) (5)

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter13: Accounting For Payroll And Payroll Taxes

Section13.1: Recording A Payroll

Problem 1OYO

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