Journalize period payroll OBJ. 3 The payroll register of Longboat Co. indicates $5,400 of social security withheld
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Journalize period payroll OBJ. 3 The payroll register of Longboat Co. indicates $5,400 of social security withheld and $1,350 of Medicare tax withheld on total salaries of $90,000 for the period. Retirement savings withheld from employee paychecks were $5,400 for the period. Federal withholding for the period totaled $17,820.
Provide the journal entry for the period’s payroll.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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