The following information pertains to a weekly payroll of Texera Tile Company: a. The total...

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Accounting

The following information pertains to a weekly payroll of Texera Tile Company:

a. The total wages earned by employees are $17,250. 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 $1,910; for state income taxes, $372.50; and for group insurance, $196.00.

Journalize the payment of wages, and record the payroll taxes for this payroll.

If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent.

Account Debit Credit
Payment of wages

CashPayroll TaxesSUTA Taxes ExpenseSUTA Taxes PayableWages ExpenseWages Expense

fill in the blank 5cec3a067fdb049_2 fill in the blank 5cec3a067fdb049_3

FICA Taxes Payable-OASDIFUTA Taxes PayablePayroll TaxesSUTA Taxes PayableWages ExpenseFICA Taxes Payable-OASDI

fill in the blank 5cec3a067fdb049_5 fill in the blank 5cec3a067fdb049_6

FICA Taxes Payable-HIPayroll TaxesSUTA Taxes ExpenseSUTA Taxes PayableWages ExpenseFICA Taxes Payable-HI

fill in the blank 5cec3a067fdb049_8 fill in the blank 5cec3a067fdb049_9

Employees FIT PayableFUTA Taxes ExpenseFUTA Taxes PayablePayroll TaxesWages ExpenseEmployees FIT Payable

fill in the blank 5cec3a067fdb049_11 fill in the blank 5cec3a067fdb049_12

Employees SIT PayablePayroll TaxesSUTA Taxes ExpenseSUTA Taxes PayableWages ExpenseEmployees SIT Payable

fill in the blank 5cec3a067fdb049_14 fill in the blank 5cec3a067fdb049_15

Group Insurance Premiums CollectedFUTA Taxes ExpenseFUTA Taxes PayablePayroll TaxesWages ExpenseGroup Insurance Premiums Collected

fill in the blank 5cec3a067fdb049_17 fill in the blank 5cec3a067fdb049_18

Accounts PayableCashPayroll TaxesSUTA Taxes PayableWages ExpenseCash

fill in the blank 5cec3a067fdb049_20 fill in the blank 5cec3a067fdb049_21
Payroll taxes

CashFUTA Taxes ExpenseFUTA Taxes PayablePayroll TaxesWages ExpensePayroll Taxes

fill in the blank 5cec3a067fdb049_23 fill in the blank 5cec3a067fdb049_24

CashFICA Taxes Expense-OASDIFICA Taxes Payable-OASDIPayroll TaxesWages ExpenseFICA Taxes Payable-OASDI

fill in the blank 5cec3a067fdb049_26 fill in the blank 5cec3a067fdb049_27

CashFICA Taxes Expense-HIFICA Taxes Payable-HIPayroll TaxesWages ExpenseFICA Taxes Payable-HI

fill in the blank 5cec3a067fdb049_29 fill in the blank 5cec3a067fdb049_30

CashFUTA Taxes ExpenseFUTA Taxes PayablePayroll TaxesWages ExpenseFUTA Taxes Payable

fill in the blank 5cec3a067fdb049_32 fill in the blank 5cec3a067fdb049_33

CashPayroll TaxesSUTA Taxes ExpenseSUTA Taxes PayableWages ExpenseSUTA Taxes Payable

fill in the blank 5cec3a067fdb049_35 fill in the blank 5cec3a067fdb049_36

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