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Write your answers on a separate sheet of paper. Follow the prescribed format for journal entries (see chapter 2 JE & T-account.pptx for clarification). You must complete the version that matches your multiple choice questions. No partial credit. No late work. Due date in class. 1) The payroll records of a company provided the following data for the weekly pay period ended November 9 Federal Medical YTD Gross Gross Income Insurance Union EmployeePay Aaron Denice Blake $115,900 9,000 2,950 Pay Taxes Deduction Dues $3,900 $554 6400 5s 590 $125 125 125 $15 15 FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee, and FICA Medicare taxes are 1.45% ofgross pay. The federal and state unemployment tax rates are 0.6% and 5.4%, respectively, on the first S7,000 paid to each employee. Prepare the journal entries to (a) accrue the employees' wages and (b) record payroll taxes expense for the current period. Note: a separate journal entry for each employee is not necessary
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