Question

Please show your work so it is easier to understand, thank you!

The payroll records of Airtech Solutions, Ltd. are provided for the period ended December 7:
	(See Payroll Liabilites on pages 404-406)
Required:	Compute the necessary information for the payroll journal entries.
	Complete the entry to accrue the payroll.
	Complete the entry to record the payroll tax expense.
Employee	Earnings to End of Previous Week	Gross Pay	Federal Income Taxes	Medical Insurance Deduction	Union Dues	United Way
R. Arthur	$54,000	$1,200	$160	$125	$15	$30
J. Baines	6,500	900	102	125	15	25
T. Carter	8,500	750	85	125	15	15
J. Hess	116,800	2,500	450	150	-0-	50
L. Vang	145,000	2,900	580	150	-0-	50
Totals
The FICA Social Security compensation limit is $118,500.
The state unemployment tax rate is 5.4% on the first $9,000 paid to each employee.
Employee	FICA SS wage base for pay period	FUTA wage base for pay period	SUTA wage base for pay period	FICA Med wage base for pay period
R. Arthur
J. Baines
T. Carter
J. Hess
L. Vang
Total wage base
Tax rate
Accrued taxes
(NOTE: Be sure to limit the amount of the wage base for the annual limitation)
Record the payroll for the period Record the employer payroll taxes for the period

Answer 1

Employee	Earnings to End of Previous Week	Gross Pay	Federal Income Taxes	Medical Insurance Deduction	Union Dues	United Way
R. Arthur	$54,000	$1,200	$160	$125	$15	$30
J. Baines	6,500	900	102	125	15	25
T. Carter	8,500	750	85	125	15	15
J. Hess	116,800	2,500	450	150	0	50
L. Vang	145,000	2,900	580	150	0	50
Total		$8,250	$1,377	$675	$45	$170
ans
Employee	FICA SS wage base for pay period	FUTA wage base for pay period	SUTA wage base for pay period	FICA Med wage base for pay period
R. Arthur	$1,200	0	0	$1,200
J. Baines	900	900	900	$900
T. Carter	750	500	500	$750
J. Hess	1,700	0	0	$2,500
L. Vang	0	0	0	$2,900
Total wage base	$4,550	$1,400	$1,400	$8,250
Tax rate	6.20%	0.60%	5.40%	1.45%
Accrued taxes	$282.10	$8.40	$75.60	$119.63
Accounts title	Dr	Cr
Salaries expenses	$8,250.00
FICA-Social Security Taxes payable		$282.10
FICA-Medicare taxes payable		$119.63
Employees Federal Income taxes payable		$1,377.00
Medical Insurance payable		$675.00
Union Dues payable		$45.00
United way payable		$170.00
Salaries Payable		$5,581.28
(being payroll recorded)
Payrol Tax expenses	$485.73
FICA-Social Security Taxes payable		$282.10
FICA-Medicare taxes payable		$119.63
Federal Unemployment Taxes payable		$8.40
State Unemployment Taxes payable		$75.60
(being payroll tax expenses)