Question
During the month of March, Carla Vista Co.'s employees earned wages of $69,000. Withholdings related to these wages were $5,279for Social Security (FICA), $8,086for federal
During the month of March, Carla Vista Co.'s employees earned wages of $69,000. Withholdings related to these wages were $5,279for Social Security (FICA), $8,086for federal income tax, $3,342for state income tax, and $431for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $755for state unemployment tax.
Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March will be paid during April.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Mar. 31
enter an account title to record salaries and wages expense and salaries and wages payable on March 31
enter a debit amount
enter a credit amount
enter an account title to record salaries and wages expense and salaries and wages payable on March 31
enter a debit amount
enter a credit amount
enter an account title to record salaries and wages expense and salaries and wages payable on March 31
enter a debit amount
enter a credit amount
enter an account title to record salaries and wages expense and salaries and wages payable on March 31
enter a debit amount
enter a credit amount
enter an account title to record salaries and wages expense and salaries and wages payable on March 31
enter a debit amount
enter a credit amount
enter an account title to record salaries and wages expense and salaries and wages payable on March 31
enter a debit amount
enter a credit amount
LINK TO TEXT
Prepare the entry to record the company's payroll tax expense.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Mar. 31
enter an account title to record the company's payroll tax expense on March 31
enter a debit amount
enter a credit amount
enter an account title to record the company's payroll tax expense on March 31
enter a debit amount
enter a credit amount
enter an account title to record the company's payroll tax expense on March 31
enter a debit amount
enter a credit amount
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