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Mike's Door Service's Payroll Data for the Second Week of June

Question 42

Essay

Mike's Door Service's payroll data for the second week of June included the following: Mike's Door Service's payroll data for the second week of June included the following: Taxable earnings for state unemployment taxes: $2,000 Assume the following tax rates: FICA-OASDI 6.2% FICA-Medicare 1.45% State unemployment 1.5% Federal unemployment 0.06% Required: Prepare the payroll tax expense entry for Mike's for the second week of June. Taxable earnings for state unemployment taxes: $2,000
Assume the following tax rates:
FICA-OASDI 6.2%
FICA-Medicare 1.45%
State unemployment 1.5%
Federal unemployment 0.06%
Required: Prepare the payroll tax expense entry for Mike's for the second week of June.

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