LO 7-2, 7-3, 7-4 Using the employer payroll entry from P7-4A, post the employees’ share of the Social Security and Medicare taxes along with the employer’s share of payroll taxes for September 8 pay at White Mountain Assessments to the appropriate General Ledger accounts.

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Account: Social Security Tax Payable Post Balance Date Description Ref. Debit Credit Debit Credit 1 1 2 234LO 5 6 7 Account: Medicare Tax Payable 3 st 4 LO 5 Balance Post Date Description Ref. Debit Credit Debit Credit 1 234 56 7 10 6 7 123 st 4 5 6 7