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Mobile Sales Has Five Sales Employees Which Receive Weekly Paychecks

Question 155

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Mobile Sales has five sales employees which receive weekly paychecks. Each earns $11.50 per hour and each has worked 40 hours in the pay period. Each employee pays 12% of gross in federal income tax, 3% of gross in state income tax, 6% of gross in social security tax, 1.5% of gross in Medicare tax, and 0.5% of gross in state disability insurance. Journalize the pay period ending January 19 which will be paid to the employees January 26.

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