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Mike's Door Service's Payroll Data for the Second Week of June

Question 54

Essay

Mike's Door Service's payroll data for the second week of June included the following:
Mike's Door Service's payroll data for the second week of June included the following: Assume the following tax rates: \begin{array} { l r } \text { FICA-OASDI } & 6.2 \% \\ \text { FICA-Medicare } & 1.45 \% \\ \text { State unemployment } & 1.5 \% \\ \text { Federal unemployment } & 0.06 \% \end{array} Required: Prepare the payroll tax expense entry.
Assume the following tax rates:
 FICA-OASDI 6.2% FICA-Medicare 1.45% State unemployment 1.5% Federal unemployment 0.06%\begin{array} { l r } \text { FICA-OASDI } & 6.2 \% \\\text { FICA-Medicare } & 1.45 \% \\\text { State unemployment } & 1.5 \% \\\text { Federal unemployment } & 0.06 \%\end{array}
Required: Prepare the payroll tax expense entry.

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