From the following T-accounts, record the following: (a) The July 3 payment for FICA (OASDI and Medicare)
Question:
From the following T-accounts, record the following:
(a) The July 3 payment for FICA (OASDI and Medicare) and federal income taxes,
(b) The July 30 payment of SUTA tax,
(c) The July 30 deposit of any FUTA tax that may berequired.
Transcribed Image Text:
FICA OASDI Payable 203 FICA Medicare Payable 204 une 30 450 (EE) 450 (ER) June 30 180 (EE) 180 (ER) FIT Payable 205 FUTA Tax Payable 206 June 30 3,007 June 30 142 SUTA Tax Payable 207 June 30 606
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