(a) Eikleberry Company January General Journal Account title 10 Union Dues Accounts Payable (To record union

dues) 12 Payroll Tax Expense Cash (To record withheld FICA and federal income taxes) 15 U.S. Savings Bonds Payable Cash (To record purchase of Savings Bonds) 17 Office Salaries Expense State Income Taxes Payable (To record State Income payable) 20 Office Salaries Expense Federal Unemployment Taxes Payable State Unemployment Taxes Payable 31 Office Salaries Expense Wage Expense FICA Taxes Payable Federal Income Taxes Payable State Income Taxes Payable 17,600.00 27,400.00 3,600.00 1,770.00 360.00 (To record Federal and State Unempleyment taxes payble) 2,266.00 312.00 1,954.00 102.15 102.15 350.00 350.00 1,916.80 1,916.80

Date January

Debit 250.00

Credit 250.00

The following payroll liabi FICA Taxes Payable $ 662. Federal Income Taxes Paya State Income Taxes Payable Federal Unemployment Tax State Unemployment Taxes Union Dues Payable 250.00 U.S. Savings Bonds Payabl In January, the following tra Jan. 12 Deposited check 15 Purchased U.S. S 17 Paid state income 20 Paid federal and s 31 Completed month $27,400, FICA taxes 31 Prepared payroll c At January 31, the company Instructions

(b)

Union Dues 400.00 United Fund Contributions Payable 1,800.00 Net Payable 37,070.00 (To record January salaries) 31 Payroll Tax Expense 3,890.80 FICA Taxes Payable 2192 (8%*$27,400) State Income Taxes Payable 1,479.60 (5.4%*$27,400) Federal Income Taxes Payable 219.20 (0.8%*$27,400) (To record employer's payroll taxes on January payroll)

(a) Journalize the January tr (b) Journalize the adjustme (b) Payroll tax expe

The following payroll liability accounts are included in the ledger of Eikleberry Company on January 1, 2008. FICA Taxes Payable $ 662.20 Federal Income Taxes Payable 1,254.60 State Income Taxes Payable 102.15 Federal Unemployment Taxes Payable 312.00 State Unemployment Taxes Payable 1,954.40 Union Dues Payable 250.00 U.S. Savings Bonds Payable 350.00 In January, the following transactions occurred. 10 Sent check for $250.00 to union treasurer for union dues. 12 Deposited check for $1,916.80 in Federal Reserve bank for FICA taxes and federal income taxes withheld. 15 Purchased U.S. Savings Bonds for employees by writing check for $350.00. 17 Paid state income taxes withheld from employees. 20 Paid federal and state unemployment taxes. 31 Completed monthly payroll register, which shows office salaries $17,600, store wages $27,400, FICA taxes withheld $3,600, federal income taxes payable $1,770, state income taxes payable $360, union due 31 Prepared payroll checks for the net pay and distributed checks to employees. At January 31, the company also makes the following accrual for employer payroll taxes: FICA taxes 8%, state unemployment Instructions (a) Journalize the January transactions. (b) Journalize the adjustments pertaining to employee compensation at January 31. (b) Payroll tax expense =$6,390.00

January 1, 2008.

income taxes withheld.

me taxes payable $360, union dues payable $400, United Fund contributions payable $1,800, and net pay $37,070.

A taxes 8%, state unemployment taxes 5.4%, and federal unemployment taxes 0.8%.

nd net pay $37,070.