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Alton's Arboreal Association is a morthly depositor whose 4th quarter FUTA taxes and 4th quarter voluntary deductions are displayed below. Record one joumal entry to
Alton's Arboreal Association is a morthly depositor whose 4th quarter FUTA taxes and 4th quarter voluntary deductions are displayed below. Record one joumal entry to account fer respective organization on a quarterly basis, on the last day of the first monthi ater the end of the quarter. All tax payments are made in a timaly manner on the paymant due date the payment of federal unemployment taxes, and one journal entry to account for the payment of the voluntary deductions (which, for this quarter, is not impacted by a weokend or holiday). Chart of Accounts Notes: Assume that each voluntary deduction is remitted to the nthe fis ins nly if mutiple transactions ao nequired.,enter the date on e frat in fl ach ransaction), Enter at debds wihin bhe vansection phar To eam any crest for a given Ino wtrin the joural entry, the accourt name must be coret Partal redif a grven for a comect account name with an incomect amount 6ul credt he transaction prior to entering any credits. See the Chart of Accounts provided for the proper account names to use. s given for a correct account name with the correct amount. . Do not include journal entry explanaion when submitsing your answer Tax $370 $4240 $700
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