— Transcribed Image Text: The following information pertains to a weekly payroll of Texera Tile Company: a. The total wages earned

Excerpt
payment of wages, and record the payroll taxes for ts payroll. JOURNAL POST. REF. DATE DESCRIPTION DEBIT CREDIT 1 2 3 3 4 4 5 6 7 7 8 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17

— Transcribed Image Text: The following information pertains to a weekly payroll of Texera Tile Company:
a. The total wages earned by employees are $17,210.
b. The state unemployment insurance contribution rate is 3.5%.
c. The entire amount of wages is taxable under FICA, FUTA, and SUTA.
d. The amount withheld from the employees’ wages for federal income taxes is $1,890; for state income
taxes, $369.40; and for group insurance, $193.00.
Journalize the payment of wages, and record the payroll taxes for ts payroll.
JOURNAL
POST.
REF.
DATE
DESCRIPTION
DEBIT
CREDIT
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