The following totals for the month of April were taken from the payroll records of Noll Company. $120000 Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes 9180 O debit to Salaries and Wages Expense for $120000. credit to Salaries and Wages Payable for $120000. debit to Salaries and Wages Expense for $81320. O debit to Salaries and Wages Payable for $120000. 25000 4500 320 2160 The journal entry to record the monthly payroll on April 30 would include a
The following totals for the month of April were taken from the payroll records of Noll Company. $120000 Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes 9180 O debit to Salaries and Wages Expense for $120000. credit to Salaries and Wages Payable for $120000. debit to Salaries and Wages Expense for $81320. O debit to Salaries and Wages Payable for $120000. 25000 4500 320 2160 The journal entry to record the monthly payroll on April 30 would include a
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 1SEA: CALCULATION AND JOURNAL ENTRY FOR EMPLOYER PAYROLL TAXES Portions of the payroll register for...
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