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Earnings prior to December 20th
SMITH: 98500
Bratton: 6800
Houston: 84000
Update: Based on the picture provided prepare journal entries to record the employee paychecks and the employers payroll taxes. Assume that the state unemployment tax rate is 5.4% and the federal unemployment tax is 0.8%, both on the first $7000 of each employees earnings during a calendar year. Earnings prior to... show more Based on the picture provided prepare journal entries to record the employee paychecks and the employers payroll taxes. Assume that the state unemployment tax rate is 5.4% and the federal unemployment tax is 0.8%, both on the first $7000 of each employees earnings during a calendar year.

Earnings prior to December 20th
SMITH: 98500
Bratton: 6800
Houston: 84000
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