The following totals for the month of April were taken from the payroll records of Cheyenne Corp.. Salaries $79200 FICA taxes withheld 6060 Income taxes withheld 17400 Medical insurance deductions 3200 Federal unemployment taxes 630 State unemployment taxes 4000 The entry to record the payment of net payroll would include a       debit to Salaries and Wages Payable for $47910.   debit to Salaries and Wages Payable for $52540.   debit to Salaries and Wages Payable for $48540.   credit to Cash for $48540.

Bart Consulting Firm has the following payroll information for the week ended March 20th: Name Earnings at the end of the previous week Sun. Mon. Tues. Wed. Thurs. Fri. Sat. Pay Rate Federal Income Tax Lauren, F 14,400   8 8 8 8 8   30.00 222.52 Baylor, M 12,000     8 8 8 8 8 25.00 178.55 Lims, T 7,200   8 8 8 8 8   15.00 78.00 Tate, C 6,000   8 8 8 8 8   15.00 62.00 Musker, J 4,320     8   8   8 15.00 15.00 Mako, W 3,888   8   8     8 13.50 11.00 Additional Information: Taxable earnings for Social Security are based on the first $132,900. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. Employees are paid time-and-a-half for work in excess of 40 hours per week. Round amounts to the nearest penny. What you must do: Complete the attached Payroll Register (Excel Spreadsheet). Use the following information to help: The Social Security tax rate is 6.2 percent. The Medicare tax…

The following totals for the month of April were taken from the payroll records of Metz Company. Salaries                                                                  $90,000 FICA taxes withheld                                                    6,885 Income taxes withheld                                               19,800 Medical insurance deductions                                      3,600 Federal unemployment taxes                                          720 State unemployment taxes                                          4,500 The entry to record the payment of net payroll would include a: a) debit to Salaries and Wages Payable for $54,495. b) debit to Salaries and Wages Payable for $59,715 c) debit to Salaries and Wages Payable for $55,21 d) credit to Cash for $55,215

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The following totals for the month of April were taken from the payroll records of Sunland Company. $115200 8810 24000 Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes The entry to record the payment of net payroll would include a debit to Salaries and Wages Payable for $76020. O debit to Salaries and Wages Payable for $78090. O debit to Salaries and Wages Payable for $69280. O credit to Cash for $86900. 4300 310 2070

According to the accountant of Sheridan Inc., its payroll taxes for the week were as follows: $132.00 for FICA taxes, $13,20 for federal unemployment taxes, and $92.40 for state unemployment taxes. Journalize the entry to record the accrual of the payroll taxes. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit

The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $14,000 Social security and Medicare taxes withheld 1,050 Income taxes withheld 2,600 Retirement savings 1,000 ​ The entry to record the payment of net pay would include a   a. ​credit to salaries expense for $9,350   b. ​debit to salaries payable for $9,350   c. ​debit to salaries payable for $14,000   d. ​credit to salaries payable for $9,350

The following totals for the month of June were taken from the payroll register of Waterway Company. Salaries and wages $100000 FICA taxes withheld 7650 Income taxes withheld 17600 Medical insurance deductions 3200 Federal unemployment taxes 600 State unemployment taxes 5400 The entry to record the accrual of federal unemployment taxes would include a debit to Federal Unemployment Taxes Payable for $600. credit to Federal Unemployment Taxes Expense for $600. credit to Payroll Tax Expense for $600. credit to Federal Unemployment Taxes Payable for $600.

The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:     Salaries:    Sales salaries $325,000  Warehouse salaries 196,000  Office salaries 131,000   $652,000     Deductions:    Income tax withheld $119,000  Social security tax withheld 39,120  Medicare tax withheld 9,780  Retirement savings 14,344  Group insurance 11,736   $193,980     Tax rates assumed:   Social security 6% Medicare 1.5% State unemployment (employer only) 5.4% Federal unemployment (employer only) 0.6%     Required: 1. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles): A. December 30, to record the payroll. B. December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year,…

The payroll register of Seaside Architecture Company indicates $960 of social security and $260 of Medicare tax withheld on total salaries of $17,000 for the period. Federal withholding for the period totaled $3,245.   Required:   Prepare the journal entry for the period’s payroll. Refer to the Chart of Accounts for exact wording of account titles.     Chart Of Accounts     CHART OF ACCOUNTS Seaside Architecture Company General Ledger   ASSETS 110 Cash 111 Accounts Receivable 112 Interest Receivable 113 Notes Receivable 115 Inventory 116 Supplies 118 Prepaid Insurance 120 Land 123 Building 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation-Office Equipment   LIABILITIES 210 Accounts Payable 213 Interest Payable 214 Notes Payable 221 Salaries Payable 222 Social Security Tax Payable 223 Medicare Tax Payable 224 Employees Federal Income Tax Payable 225 Employee…