The payroll register of Tri-State Construction Co. indicates ($ 25,650) of social security withheld and ($ 6,750)

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The payroll register of Tri-State Construction Co. indicates \(\$ 25,650\) of social security withheld and \(\$ 6,750\) of Medicare tax withheld on total salaries of \(\$ 450,000\) for the period. Retirement savings withheld from employee paychecks were \(\$ 27,000\) for the period. Federal income tax withholding for the period totaled \(\$ 89,100\).

Provide the journal entry for the period's payroll.

objs. \(2,3,4\)

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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