I have a question; ACCT 2301. Any help would be appreciated. Thanks! Cezto.mhedu

Question

I have a question; ACCT 2301. Any help would be appreciated. Thanks!

Cezto.mheducation.com/hm.tpx?.-05750367284788116 1524453359240 Sac sE 320 points QS 9-5 Record employee payroll taxes LO P2 On Janwary 15, the end of the first biveekly pay period of the year, Narth Company's pay l register showed that Od employees eaned 532.000 of ???1es salaries Withholdings from he mpiovees selarie ndude FICA Social Secur ty taxe yt the .tle 06.2%, FICA Medicare tave at the "??? of 1 45%. $2.500 cf edersl income taxes, 3857 fmedical iurance deductions, and $150 oi union dues. No employee earned ore than 57 000 in this first period Prepare th joal entry to cord North Campany Januayaployan! pao panas and aiiiea Mew transaction list Journal entry worksheet Recard the empoae payrall for parñiod Windows [? ? 1.,-013;?? Window 10:29

Explanation / Answer

Sales salaries expense 32000        FICA—Social sec. taxes payable 1984 =32000*6.2%        FICA—Medicare taxes payable 464 =32000*1.45%        Employee federal income taxes payable 2500        Employee medical insurance payable 867        Employee union dues payable 150        Salaries payable 26035

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