=+30. Issued Check No. 356 for $17,065 to Johnson Bank in payment of employees state income tax

Question:

=+30. Issued Check No. 356 for $17,065 to Johnson Bank in payment of employees’ state income tax due on December 31.

Chapter 11 Current Liabilities and Payroll 523 Dec. 31. Paid $34,000 to the employee pension plan. The annual pension cost is

$40,000. (Record both the payment and unfunded pension liability.)

Instructions 1. Journalize the transactions.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

Question Posted: