Prepare the journal entries to record the payroll and


Alvamar Company has the following data for the weekly payroll ending January 31

Employees are paid 11⁄2 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 8% on the first $100,000 of gross earnings. Alvamar Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings. 

Instructions

(a) Prepare the payroll register for the weekly payroll.

(b) Prepare the journal entries to record the payroll and Alvamar's payroll tax expense.  

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Accounting Basics: Prepare the journal entries to record the payroll and
Reference No:- TGS01513415

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