salary expense\nanalyze the following scenarios and calculate the requested items.\n1. employees at tech…

salary expense\nanalyze the following scenarios and calculate the requested items.\n1. employees at tech machine earned a total of $100,000 for the month of december 31.\nthe employer is required to withhold the following:\nstate income tax: $7,000\nfederal income tax: $17,000\nfica taxes: $7,650\njournalize and compute the wages and salaries expense for an employee at tech machine.\ndate account name debit credit\n12/31 salary expense 100,000\nstate income tax 7,000\nfederal income tax 17,000\nfica taxes 7,650\ncash 68,350\n2. tech machine has the following payroll tax expenses for the month of december, recorded on december 31:\nfica tax expense: $7,650\nstate unemployment tax: $2,500\nfederal unemployment tax: $600\njournalize and compute the payroll tax expense for tech machine.\ndate account name debit credit\n12/31 payroll tax expense 68,350\nfica taxes expense 7,650\nstate unemployment 2,500\nfederal unemployment 600\npayroll net tax payable 10,750

salary expense\nanalyze the following scenarios and calculate the requested items.\n1. employees at tech machine earned a total of $100,000 for the month of december 31.\nthe employer is required to withhold the following:\nstate income tax: $7,000\nfederal income tax: $17,000\nfica taxes: $7,650\njournalize and compute the wages and salaries expense for an employee at tech machine.\ndate account name debit credit\n12/31 salary expense 100,000\nstate income tax 7,000\nfederal income tax 17,000\nfica taxes 7,650\ncash 68,350\n2. tech machine has the following payroll tax expenses for the month of december, recorded on december 31:\nfica tax expense: $7,650\nstate unemployment tax: $2,500\nfederal unemployment tax: $600\njournalize and compute the payroll tax expense for tech machine.\ndate account name debit credit\n12/31 payroll tax expense 68,350\nfica taxes expense 7,650\nstate unemployment 2,500\nfederal unemployment 600\npayroll net tax payable 10,750

Answer

Explanation:

Step1: Calculate total payroll - tax expense for part 2

Add up all the payroll - tax components: FICA tax expense ($7,650), state unemployment tax ($2,500), and federal unemployment tax ($600). $7650 + 2500+600=$10750$

Step2: Journalize for part 1

The wages and salaries expense is debited for the total gross pay of $100000$. State income tax, federal income tax, and FICA taxes are credited as withholdings, and cash is credited for the net - pay amount. Debit: Salary Expense $100000$ Credit: State income Tax $7000$ Credit: Federal income Tax $17000$ Credit: FICA Taxes $7650$ Credit: Cash $68350$

Step3: Journalize for part 2

Debit: Payroll Tax Expense $10750$ Credit: FICA Taxes Expense $7650$ Credit: State Unemployment $2500$ Credit: Federal Unemployment $600$

Answer:

For part 1: Debit: Salary Expense $100000$ Credit: State income Tax $7000$ Credit: Federal income Tax $17000$ Credit: FICA Taxes $7650$ Credit: Cash $68350$

For part 2: Debit: Payroll Tax Expense $10750$ Credit: FICA Taxes Expense $7650$ Credit: State Unemployment $2500$ Credit: Federal Unemployment $600$