Susan brauns regular hourly wage rate is 18 prepare the


Problem

Susan Braun's regular hourly wage rate is $18, and she receives an hourly rate of $27 for work in excess of 40 hours. During a January pay period, Susan works 47 hours. Susan's federal income tax withholding is $95, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%.

Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes.

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Accounting Basics: Susan brauns regular hourly wage rate is 18 prepare the
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