Exhibit 6-1
the Totals from the First Payroll of the Year

question 53

Essay

Exhibit 6-1
The totals from the first payroll of the year are shown below.
​ $$\begin{array} { c c c c c c c } \text { Total } & \text { FICA } & \text { FICA } & \text { FIT } & \text { State } & \text { Union } & \text { Net } \\\text { Earnings } & \text { OASDI } & \text { HI } & \text { W/H } & \text { Tax } & \text { Dues } & \text { Pay } \\\$ 36,195.10 & \$ 2,244.10 & \$ 524.83 & \$ 6,515.00 & \$ 361.95 & \$ 500.00 & \$ 26,049.22 \\\hline\end{array}$$ ​
-Refer to Exhibit 6-1.Journalize the entry to record the payroll.

---

Definitions:

Unconstitutional

Describes actions or laws that are not in accordance with the constitution of a given jurisdiction.

Regional Trade Agreements

Treaties between countries in the same region to reduce trade barriers and promote economic cooperation.

Trade Barriers

Measures implemented by a government to restrict or control international trade, including tariffs, quotas, and embargoes.

Normal Trade Relations

A status granted by one country to another in international trade, ensuring equal treatment in terms of import duties and tariffs.