Lee Company has the following information for the pay period of December 15–31: Gross payroll $15,416   Federal income tax withheld $3,151 Social security rate 6%   Federal unemployment tax rate 0.8% Medicare rate 1.5%   State unemployment tax rate 5.4% Assuming no employees are subject to ceilings for taxes on their earnings, Salaries Payable would be recorded for a.$10,153.01 b.$11,309.21 c.$15,416.00 d.$11,108.80

Summary Payroll Data Assume that the social security tax rate is 6% and the Medicare tax rate is 1.5%. In the following summary of data for a payroll period, some amounts have been intentionally omitted: Earnings:     1. At regular rate ?   2. At overtime rate $80,000   3. Total earnings ? Deductions:     4. Social security tax 32,400   5. Medicare tax 8,100   6. Federal income tax withheld 135,000   7. Medical insurance 18,900   8. Union dues ?   9. Total deductions 201,150   10. Net amount paid 338,850 Accounts debited:     11. Factory Wages 285,000   12. Sales Salaries ?   13. Office Salaries 120,000   a.  Determine the amounts omitted in lines (1), (3), (8), and (12). (1) $fill in the blank 87b534fc705303d_1 (3) $fill in the blank 87b534fc705303d_2 (8) $fill in the blank 87b534fc705303d_3 (12) $fill in the blank 87b534fc705303d_4 b.  Journalize the entry to record the payroll accrual. If an amount box does not require…

Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 15-31. Use this information to answer the question that follow. Gross payroll Social security rate Medicare rate Federal income tax withheld Federal unemployment tax rate State unemployment tax rate Assuming that all wages are subject to federal and state unemployment taxes, the employer's payroll tax expense would be a. $2,870 b. $1,370 c. $750 Od. $620 $10,000 6.0% 1.5% $1,800 0.8% 5.4%

Journalize Payroll Tax The payroll register of Chen Heritage Co indicates $1,950 of social security withheld and $487.50 of Medicare tax withheld on total salaries of $32,500 for the period. Earnings of $9,800 are subject to state and federal unemployment compensation taxes at the federal rate of 0.8% and the state rate of 5.4%. Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places.