Current Liabilities and Payroll Accounting

Selected data from a February payroll register for Sutton Company are presented below. Some amounts are intentionally omitted.

FICA taxes are 7.65%, State income taxes are 4% of gross earnings.

Instructions

  1. Fill in the missing amounts.
  2. Journalize the February payroll and the payment of the payroll.

Solution

a.
 
b.
Sutton Company
Journal Entries
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