Premier Landscaping reports the following in its payroll register for August. The company makes monthly tax deposits.

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Prepare the general journal entry to record Premier Landscaping’s deposit of its federal income tax withholdings and FICA taxes (employee and employer portions) for August.

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College Accounting Ch 1-14

ISBN: 9780073346892

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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Question Posted: May 17, 2024 02:01 AM

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Premier Landscaping reports the following in its payroll register for August. The company makes monthly tax deposits.

Question:

Pay Period End Employee Deductions for Federal Income Tax Social Security Medicare Aug. 7 $1,530.00 $632.40 $147.90 Aug. 14. 1.447.50 598.30 139.93 Aug. 21 1,563.00 646.04 151.09 Aug. 28 1,620.00 669.60 156.60

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College Accounting Ch 1-14

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