Write the gross pay each employee for the employer side of the payroll taxes. The calculation made for the employer tax is the total gross earnings (underneath any caps) of all employees x the correct percentage.
It is also found in Appendix A of your text. In either event you are picking up a project midway through a quarter and will want to read the background for the company given at the beginning of Chapter 7. Appendix A walks you through the preceding Nov 20th payroll in Excel so you can … Read more