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These are in order The following information about the payroll for the week ended December 30...

Question

These are in order The following information about the payroll for the week ended December 30...
these are in order
The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co. Salarie
Medicare 1.5% Federal unemployment (employer only) 0.8% Required: 1. Assuming that the payroll for the last week of the year
signmentSession Locator assignment-takeinprogress false 1. Assuming that the payrol for the last week of the writo be mad on
2. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journaliz
Question not attempted. JOURNAL Score: 0/61 ACCOUNTING EQUATION
The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co. Salaries: Deductions: Sales salaries $330,000 Income tax withheld $117.200 Warehouse salaries 184,000 U.S. savings bonds 14,520 Office salaries 146,000 Group insurance 11,880 $660,000 Tax rates assumed: Social security 6% State unemployment (employer only) 5.4% Medicare 1.5% Federal unemployment (employer only) 0.8%
Medicare 1.5% Federal unemployment (employer only) 0.8% 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. or the total payroll for the last week of the year, $33,000 is subject to unemployment compensation taxes. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles) a. On page 11 of the journal: December 30, to record the payroll! b. On page 12 of the journal January 5, to record the employer's payroll taxes on the payroll to be paid on January 5. Since it is a new fiscal year all 5660,000 in salaries is subject to unemployment compensation taxes
signmentSession Locator assignment-takeinprogress false 1. Assuming that the payrol for the last week of the writo be mad on December 31, jumate the owne r to the Chart Accounts for exact wording of account bles) a. December 30, to record the payroll b. December 30, to record the empoy'payroluxes on the payroll to be paid on December 31. Of the total payrol for the last week of the year, $33,000 is subject to unemployment compensation taxes All transactions on this page must be entered (except for postre before you will receive Check My Work feedback JOURNAL Score: 46/171 ACCOUNTING EQUATION 0.000 DO Sales Salaries Expense Warehouse Salaries Expense Office Salaries Expense 6.000.00 117.200.00 39.600.00 9.900.00 16520.00
2. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles): a. On page 11 of the journal December 30, to record the payroll b. On page 12 of the journal: January 5, to record the employer's payroll taxes on the payroll to be paid on January 5. Since is a new year, all $660,000 in salaries is subject to unemployment compensation taxes Question not attempted. JOURNAL 0/109 EQUATION DESCRIPTION Previous
Question not attempted. JOURNAL Score: 0/61 ACCOUNTING EQUATION

Answers

Solution : The pay von for the week ended december 30 was obtained from the records of boitz co. © Journal entries for the Pe2. Journal entries for the Payron of bort? Company for Jangth Debit Particulars Credit Date Dec 30 330,000 Sares Salaries exp


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