Record the payment of last month’s payroll liabilities using the General Journal Entry window. Enter the Date listed for each transaction (you may use the “ + ” key to advance the date or use the calendar icon next to the field to select the date from a calendar). Enter “Memo” into the Source text box for each transac¬ tion or accept Peachtree’s additional number added to memo by pressing TAB: LO.1

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2000 Jan. 15 Record the compound journal entry for the deposit of Social Security, 31 Medicare, and FIT from last month's payroll. (We will not record the payment of state income tax.) 941 Deposit Record the payment of SUTA from last quarter. 31 Record the payment of FUTA tax owed.940 Deposit