Journal entry worksheet < 1 2 Record the payroll for March including employee deductions: Salaries and wages earned, $410,000; Employee income taxes withheld, $37,925; FICA taxes withheld, $29,315; Unemployment taxes, $2,850. Note: Enter debits before credits. Date March 31 Record entry General Journal Salaries and Wages Expense Income Tax Payable Clear entry < Req 1 Debit 410,000 Credit 37,925 View general journal Req 2 and 3

Journal entry worksheet < 1 2 Record the payroll for March including employee deductions: Salaries and wages earned, $410,000; Employee income taxes withheld, $37,925; FICA taxes withheld, $29,315; Unemployment taxes, $2,850. Note: Enter debits before credits. Date March 31 Record entry General Journal Salaries and Wages Expense Income Tax Payable Clear entry < Req 1 Debit 410,000 Credit 37,925 View general journal Req 2 and 3

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter13: Accounting For Payroll And Payroll Taxes

Section13.2: Recording Employer Payroll Taxes

Problem 1OYO

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