Employer's payroll tax expense

Related BrainMass Solutions

• Question about payroll tax expense

  What is the employer's payroll tax expense?

• Journalizing Payroll Taxes

  State unemployment tax payable 168.84 ($4,690.00*.036) To record employer's payroll tax liability for January.

• Johansen tax deduction for payroll and related taxes

  The solution calculates the amount that Johansen Rubber Cement can claim as a tax deduction for salary and wage expense plus employer payroll tax expense.

• Computing and Journalizing Payroll Transactions

  first $7,000 0.8 % SUTA tax on first $7,000 5.4 % Instructions Record the payroll for the two employees at December 31 and record the employer's share of payroll tax expense for the December 31 payroll.

• Payroll Entries: Oates Company

  The state unemployment tax (SUTA) rate is 5.4%. Prepare the journal entries to record the weekly payroll ending January 15 and also the employer's payroll tax expense on the payroll. Please see the attached file.

• Journalize Prouncer's March Payroll and Related Liabilities

  Payroll tax expense - SUT 700 Payroll tax expense - FICA 5,355 Payroll taxes payable - SUT 700 Payroll taxes payable - FICA 5,355 To record the employer payroll tax expense for March.

• Payroll tax expense

  Compute the employer's total payroll taxes expense for the current pay period. ** Please see the attached file for a Word formatted copy of the solution response ** We first calculate the earnings subject to tax Employees FICA SUTA &

• Calculation of Payroll and related tax expense

  If a cash entry was already made, then the credit to the first entry would be payroll payable. The solution prepares the journal entries to record a payroll check and a second entry for the employer tax expense.

• Metro Express: Prepare the general journal entry to accrue the monthly sales salaries expense at January 31

  Prepare the journal entry to record the employer's payroll taxes at January 31 for Metro Express.