The payroll register of Mountainside Architecture Company indicates $1,360 of Social Security and $446 of Medicare tax withheld on total salaries of $29,750 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $5,200 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.

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

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

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

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Q: [The following information applies to the questions displayed below.]The following summary data for…

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

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Q: --

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

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Q: The following information pertains to a weekly payroll of Texera Tile Company: a. The total wages…

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Q: e payroll register of Seaside Architecture Company indicates $970 of Social Security and $258 of…

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Q: The payroll register of Seaside Architecture Company indicates $960 of social security and $260 of…

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Q: he payroll register of Chen Engineering Co. indicates $1,380 of social security withheld and $345 of…

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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…