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  3. for all payroll calculations, use the following ta

For all payroll calculations, use the following tax rates and round amounts to the nearest...

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Accounting

imageimageimage For all payroll calculations, use the following tax rates and round amounts to the nearest cent. Employee: OASDI: 6.3% on first $116,500 earned; Medicare: 1.3% up to $260,000,2.45% on earnings above $260,000. Employer: OASDI: 6.3% on first $116,500 earned; Medicare: 1.3%; FUTA: 0.7% on first $5,000 earned; SUTA: 5.4% on first $5,000 earned. District Company had the following partially completed payroll register: REQUIREMENTS: 1. Complete the payroll register 2. Journalize District's wages expense accrual for the current pay period. 3. Journalize District's expenses for employer payroll taxes for the current pay period. ohm.lumenlearning.com 2. Journalize District's wages expense accrual for the current pay period. 3. Journalize District's expenses for employer payroll taxes for the current pay period. or the current pay period. isurnll tavoc fnr the current pay period

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