During a recent two-week period,the employees of Super Choppers,Inc.earned gross wages of $90,000.The following are the employee withholdings and payroll taxes pertinent to the period:

Only $68,000 of wages are subject to FICA,and $31,000 are subject to unemployment taxes.
(1)Prepare the entry to record the gross payroll.
(2)Prepare the entry to record employer payroll taxes.

Question

During a recent two-week period,the employees of Super Choppers,Inc.earned gross wages of $90,000.The following are the employee withholdings and payroll taxes pertinent to the period:
  
Only $68,000 of wages are subject to FICA,and $31,000 are subject to unemployment taxes.
(1)Prepare the entry to record the gross payroll.
(2)Prepare the entry to record employer payroll taxes.

Quizplus · Accepted Answer

The Answer of During a recent two-week period,the employees of Super Choppers,Inc.earned gross wages of $90,000.The following are the employee withholdings and payroll taxes pertinent to the period:
  
Only $68,000 of wages are subject to FICA,and $31,000 are subject to unemployment taxes.
(1)Prepare the entry to record the gross payroll.
(2)Prepare the entry to record employer payroll taxes.

During a Recent Two-Week Period,the Employees of Super Choppers,Inc