Answer:
Follows are the solution to the given points:
Explanation:
For question 1:
Exp on the Debit Salary = $ 1,500,000
Credit payable Income tax = $375,000
Credit accounts payable (pension plan)= $63,000
Credit payable tax on FICA= $114,750
Credit payable salary (Balance) $947,250
For question 2:
Exp = $100,500 for Debit Wages
Cr.= $31,500 (Surgical Insurance) Payable accounts
Cr. = $6,000 in insurance accounts payable
Cr. = $63,000 Payable Accounts (Pension plan)
For question 3:
EXP= $207,750 for Debit Payroll Tax
Cr. = $114,750 for FICA payable tax
Cr. =$93000 for Federal and State (Unemployment tax)
![FICA TAX = \$1500,000 \times \frac{(6.2+1.45)}{100} = \$ 114,750\\](https://tex.z-dn.net/?f=FICA%20TAX%20%3D%20%5C%241500%2C000%20%5Ctimes%20%20%5Cfrac%7B%286.2%2B1.45%29%7D%7B100%7D%20%3D%20%5C%24%20114%2C750%5C%5C)
Tax on state or federal unemployment ![=\$ 1500,000 \times 6.2 \% = \$ 93,000\\](https://tex.z-dn.net/?f=%3D%5C%24%201500%2C000%20%5Ctimes%20%206.2%20%5C%25%20%3D%20%5C%24%2093%2C000%5C%5C)