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11:09 During the month of January, an employer incurred the following payroll taxes: FICA Social Security taxes of $341.00, FICA Medicare taxes of $79.75,
11:09 During the month of January, an employer incurred the following payroll taxes: FICA Social Security taxes of $341.00, FICA Medicare taxes of $79.75, FUTA taxes of $33.00, and SUTA taxes of $297.00. Prepare the journal entry to record the employer's payroll tax expense assuming these wages will be paid in early February. Note: Round your answers to 2 decimal places. View transaction list Journal entry worksheet 1 Record employer payroll tax expense. Note: Enter debits before credits, Date General Journal January 31 Payroll taxes expense FICA-Social security taxes payable FICA-Medicare taxes payable Federal unemployment taxes payable State unemployment taxes payable Debit Credit 750.75 341.00 79.75 33.00 297.00 View general journal Record entry Clear entry
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