Part 19 of 24 019 Question 19 of 24 4 Points Lookout Landscaping pays its...
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Part 19 of 24 019 Question 19 of 24 4 Points Lookout Landscaping pays its employees for $200,000 worth of landscaping work done in October. Federal income Taxes of $26.000 will be withheld. Employee and employer social security tax is 6.2% and Medicare tax is 1.45%. The Federal Unemployment Tax rate is 0.4% and the State Unemployment Tax rate is 3%. No employees have met their social security limit for the year. The journal entry to record the employer's portion of payroll taxes will include all of the following except: A Dr. Federal Unemployment Tax Expense $800 B. Dr. Income Tax Expense 526,000 C. Dr. Medicare Tax Expense $2.900 D. Dr. Social Security Tax Expense $12.400 Reset Selection Mark for Review What's This? art 20 of 24 920 Question 20 of 24 4 Points Country Computers offers a 12 month warranty on all computers that they sell. Country Computers' average warranty claim costs them $200, and typically, they need to service 3 of every 500 computers that they sell. In 2020, Country Computers sold 12,500 computers. The journal entry to record the warranty liability, assuming no warranty claims have yet been made will include which of the following? A Dr. Warranty Expense $15,000 B. Dr. Warranty Liability $15.000 C. Dr. Warranty Liability 5600 D. Dr. Warranty Expense $600

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You can see the logs in the Dashboard.