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1 2 The following totals for the month of June were taken from the payroll register of Vaughn Company. The entry to record accrual of
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The following totals for the month of June were taken from the payroll register of Vaughn Company. The entry to record accrual of Vaughn's Company's payroll taxes would include a debit to Payroll Tax Expense for $10867. credit to Payroll Tax Expense for $4730. credit to FICA Taxes Payable for $4730. credit to Payroll Tax Expense for $10867. The following totals for the month of June were taken from the payroll register of Vaughn Company. The entry to record the accrual of federal unemployment taxes would include a credit to Federal Unemployment Taxes Payable for $720. credit to Payroll Tax Expense for $720. debit to Federal Unemployment Taxes Payable for $720. credit to Federal Unemployment Taxes Expense for $720
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