The totals from the first payroll of the year are shown below. Total Earnings FICA OASDI FICA HI FIT W/H State Tax Union Dues Net Pay $36,195.10 $2,244.10 $524.83 $6,515.00 $361.95 $500.00 $26,049.22 Journalize the entry to record the payroll.
The totals from the first payroll of the year are shown below. Total Earnings FICA OASDI FICA HI FIT W/H State Tax Union Dues Net Pay $36,195.10 $2,244.10 $524.83 $6,515.00 $361.95 $500.00 $26,049.22 Journalize the entry to record the payroll.
Chapter7: Payroll
Section: Chapter Questions
Problem 3.6C
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Question
The totals from the first payroll of the year are shown below. | |||||||||||||
Total Earnings |
FICA OASDI |
FICA HI |
FIT W/H |
State Tax |
Union Dues |
Net Pay |
|||||||
$36,195.10 | $2,244.10 | $524.83 | $6,515.00 | $361.95 | $500.00 | $26,049.22 | |||||||
For a compound transaction, if an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places.
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