Future Zone Corporations weekly payroll of $23,000 included FICA taxes withheld of $1,426, federal taxes withheld of

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Future Zone Corporation’s weekly payroll of $23,000 included FICA taxes withheld of $1,426, federal taxes withheld of $2,990, state taxes withheld of $920, and insurance premiums withheld of $250. Prepare the journal entry to record Future Zone’s payroll.

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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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