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#1 Widmer Company had gtoss waes of $320,000 during the week ended June 17. The amount of wages subject to social security tax was $320.000.
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Widmer Company had gtoss waes of $320,000 during the week ended June 17. The amount of wages subject to social security tax was $320.000. while the amount of wages subject to federal and state unemployment taxes was $25.000. Tax rates are as follows: The total amount withheld trom employee wages for federal taxes was $40,000 Required: a. Joumalire the entry to record the payroll for the week of June 17 . b. Joumalize the entry to record the payroll tax expense incurred for the week of June 17 3. Joumaline the entry te reoort the peyral for ithe exrk of dune if Step by Step Solution
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