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    Argosy University/ Phoniex University/
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    Phoniex University
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Category > Accounting Posted 24 Sep 2017 My Price 7.00

Skywalker Company

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

Gross earnings:

  

State income taxes

($3)

Regular

$8,900

Union dues

100

Overtime

(1.00)

Total deductions

(4.00)

Total

(2.00)

Net pay

$7,660

Deductions:

  

Accounts debited:

  

FICA taxes

$800

Warehouse wages

(5.00)

Federal income taxes

1,140

Store wages

$4,000

FICA taxes are 8%. State income taxes are 3% of gross earnings.

Instructions

(a) Fill in the missing amounts.

(b) Journalize the February payroll and the payment of the payroll.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 10:09 PM My Price 7.00

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