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Prepare a General Journal Payroll Entry for Advanced Computer Programming

Question 48

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Prepare a general journal payroll entry for Advanced Computer Programming using the following information:
Prepare a general journal payroll entry for Advanced Computer Programming using the following information: Assume the following: a)FICA: OASDI, 6.2% on a limit of $106,800; Medicare, 1.45% b)Federal income tax is 15% of gross pay c)Each employee pays $20 per week for medical insurance Assume the following:
a)FICA: OASDI, 6.2% on a limit of $106,800; Medicare, 1.45%
b)Federal income tax is 15% of gross pay
c)Each employee pays $20 per week for medical insurance

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