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Part 2: examine the following payroll register information: earnings: regular pay total: $1,317.85 overtime pay 32.40 total earnings: $1,350.25 less deductions: social security tax $83.73 medicare tax 19.57 federal income tax 100.00 state income tax 29.01 hospital insurance 23.65 other deductions 30.00 net pay: $1,064.29 journalize the employer payroll taxes only for the above transactions. in addition to social security and medicare, you will calculate state unemployment tax at .8% and federal unemployment tax at 5.4%. use $1,350.25 and compute the unemployment taxes above and record the total as a debit to payroll tax expense and credit these 4 payable accounts.
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Part 2: examine the following payroll register information: earnings: regular pay total: $1,317....
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