Question

In the Illustrative Case in this chapter, payroll transactions for Brookins Company were analyzed, journalized, and posted for the third quarter of the fiscal year. In this problem, you are to record the payroll transactions for the last quarter of the firm's fiscal year. The last quarter begins on April 1, 20--.

Narrative of Transactions:
Apr.	1.		Paid the treasurer of the union the amount of union dues withheld from workers' earnings during March.
	15.		Payroll: $6,105. All wages and salaries taxable. Withheld $565 for federal income taxes, $107.32 for state income taxes, and $50 for union dues.
	15.		Paid the treasurer of the state the amount of state income taxes withheld from workers' earnings during the first quarter.
	15.		Electronically transferred funds to remove the liability for FICA taxes and employees' federal income taxes withheld on the March payrolls.
	29.		Payroll: $5,850. All wages and salaries taxable. Withheld $509 for federal income taxes, $128.90 for state income taxes, and $55 for union dues.
	29.		Filed the Employer's Quarterly Federal Tax Return (Form 941) for the period ended March 31. No journal entry is required, since the FICA taxes and federal income taxes withheld have been timely paid.
	29.		Filed the state contribution return for the quarter ended March 31 and paid the amount to the state unemployment compensation fund.
May	2.		Paid the treasurer of the union the amount of union dues withheld from workers' earnings during April.
	13.		Payroll: $5,810. All wages and salaries taxable. Withheld $507 for federal income taxes, $125.05 for state income taxes, and $55 for union dues.
	16.		Electronically transferred funds to remove the liability for FICA taxes and federal income taxes withheld on the April payrolls.
	31.		Payroll: $6,060. All wages and salaries taxable. Withheld $533 for federal income taxes, $119.00 for state income taxes, and $50 for union dues.
June	3.		Paid the treasurer of the union the amount of union dues withheld from workers' earnings during May.
	15.		Payroll: $6,380. All wages and salaries taxable, except only $5,000 is taxable under FUTA and SUTA. Withheld $549 for federal income taxes, $128.70 for state income taxes, and $50 for union dues.
	15.		Electronically transferred funds to remove the liability for FICA taxes and federal income taxes withheld on the May payrolls.
	30.		Payroll: $6,250. All wages and salaries taxable, except only $4,770 is taxable under FUTA and SUTA. Withheld $538 for federal income taxes, $127.60 for state income taxes, and $50 for union dues.

The following are the account balances forwarded as of April 1:
(1) Union Due Payable: $100
(2) Employees SIT Payable: $546.92
(3) FICA Taxes Payable - OASDI: $1,068.88
(4) FICA Taxes Payable - HI: $249.98
(5) Employees FIT Payable: $1,124.00
(6) FUTA Taxes Payable: $149.16
(7) SUTA Taxes Payable: $571.78
(8) Cash: $57,673.56
(9) Wages and Salaries: $71,360.00
(10) Payroll taxes: $6,846.74

Note: The SUTA tax rate is 2.3%.

Analyze and journalize the transactions described in the narrative above. If an amount box does not require an entry, leave it blank or enter "0". If required, round your answers to the nearest cent.

GENERAL JOURNAL			PAGE 19
DATE	DESCRIPTION	DEBIT	CREDIT
20--
Apr. 1
Apr. 15-Payroll
Apr. 15-Taxes
Apr. 15-State Taxes
Apr. 15-Federal Taxes
Apr. 29-Payroll
Apr. 29-Taxes
Apr. 29-SUTA

Answer 1

Date	Accounts Title	Dr	Cr
1-Apr	Union Dues payable	$100
	Cash		$100
15-Apr	Wages & salaries expenses	8310
	Employees FIT payable		890
	Employees SIT payable		166.20
	Union duses payable		140.00
	FICA taxes payable- OASDI (6.2%)		515.22
	FICA taxes payable- Hi (1.45%)		120.50
	Cash		6478.09
15-Apr	Employees SIT payable	546.92
	Cash		546.92
15-Apr	Employees FIT payable	1124
	FICA taxes payable- OASDI	1068.88
	FICA taxes payable- Hi	249.98
	Cash		2442.86
29-Apr	Wages & salaries expenses	7975
	Employees FIT payable		815
	Employees SIT payable		151.50
	Union duses payable		135.00
	FICA taxes payable- OASDI (6.2%)		494.45
	FICA taxes payable- Hi (1.45%)		115.64
	Cash		6263.41
29-Apr	No journal entry
29-Apr	SUTA taxes paayble	571.78
	Cash		571.78
2-May	Union Dues payable	$275
	Cash		$275
13-May	Wages & salaries expenses	8190
	Employees FIT payable		875
	Employees SIT payable		160.05
	Union duses payable		135.00
	FICA taxes payable- OASDI (6.2%)		507.78
	FICA taxes payable- Hi (1.45%)		118.76
	Cash		6393.42
16-May	Employees FIT payable	1705
	FICA taxes payable- OASDI	1009.67
	FICA taxes payable- Hi	236.13
	Cash		2950.80
31-May	Wages & salaries expenses	8755
	Employees FIT payable		971
	Employees SIT payable		174.05
	Union duses payable		140.00
	FICA taxes payable- OASDI (6.2%)		542.81
	FICA taxes payable- Hi (1.45%)		126.95
	Cash		6800.19
3-Jun	Union Dues payable	$275
	Cash		$275
Jaune 15	Wages & salaries expenses	9110
	Employees FIT payable		1029
	Employees SIT payable		187.15
	Union duses payable		145.00
	FICA taxes payable- OASDI (6.2%)		564.82
	FICA taxes payable- Hi (1.45%)		132.10
	Cash		7051.94
15-Jun	Employees FIT payable	1846
	FICA taxes payable- OASDI	1050.59
	FICA taxes payable- Hi	245.70
	Cash		3142.29
30-Jun	Wages & salaries expenses	8960
	Employees FIT payable		988
	Employees SIT payable		183.95
	Union duses payable		145.00
	FICA taxes payable- OASDI (6.2%)		555.52
	FICA taxes payable- Hi (1.45%)		129.92
	Cash		6957.61