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ctoring Enabled: Final Exam 3 After the Kukon Corporation paid its employees on May 1 5 , 2 0 x 1 , and recorded the
ctoring Enabled: Final Exam
After the Kukon Corporation paid its employees on May x and recorded the corporation's share of payroll taxes for the payroll paid that date, the firm's general ledger showed a balance of $ in the Social Security Tax Payable account, a balance of $ in the Medicare Tax Payable account, and a balance of $ in the Employee Income Tax Payable account. On May the business issued a check to deposit the taxes owed in the local bank.
Record this transaction in a general journal form.
Journal entry worksheet
Record payroll taxes paid.
Note: Enter debits before credits.
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