FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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PA11.  Record the journal entries for each of the following payroll transactions.
Apr. 2 Paid $650 and $340 cash to a federal depository for FICA Social Security and FICA Medicare,
respectively
Apr. 4 Paid accumulated employee salaries of $15,220
Apr. 11 Issued checks in the amounts of $480 for federal income tax and $300 for state income tax to an
IRS-approved bank
Apr. 14 Paid cash to the health insurance carrier for total outstanding health insurance liability of $800
Apr. 22 Remitted cash payments for FUTA and SUTA to federal and state unemployment agencies in the
amounts of $130 and $250, respectively

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