apter 13 – Assignments 1 and 2 Lee Financial Services pays employees monthly Payroll Information is
apter 13 – Assignments 1 and 2 Lee Financial Services pays employees monthly Payroll Information is listed below for January 2018, the first month of Lee's fiscal year Assume that none of the employees exceeded any relevant wage base. Tederal in taxes to be withheld Tederal employment tax rate State unemployment tax rate after TOTA deduction) social security tax rate Medioare tax rate Required: Calculate the income and payroll taxes for the Sanuary 2018 pay period. Prepare the appropriate journal entries to record salaries and wages expense not paid) and payroll tax expense for the January 2018 pay period. Complete this question by entering your answers in the tabs below. Payroll Tax General oma Calculate the income and payroll taxes for the January 2018 pay period. < Prey 20 Next > MacBook Air Complete this question by entering your answers in the tabs below. Payroll Tax Jouma points Prepare the appropriate journal entries to record salaries and wages expense (not paid) and payroll tax expense for the Januar pay period. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.) View transaction list Journal entry worksheet Record salaries and wage expense for January 2018 pay period. Note: Enter dit before credits Event General Journal Credit < Prex 2 of 20 Next > MacBook Air S88 k
