Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Gross Pay Journal Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 September 30 FICA--Social security taxes payable FICA-Medicare taxes payable Goneral Journal (Taxes to be Withheld From Gross Pay Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Gross Pay Journal Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 September 30 FICA--Social security taxes payable FICA-Medicare taxes payable Goneral Journal (Taxes to be Withheld From Gross Pay Cash Do 12.750 3 July 08 96,000 Cash Notes payable - NYR Bank 96,000 4 August 17 Notes payable - Perry Interest expense Cash OOO 36,000 1,080 37,080 5 November 05 Notes payable - NYR Bank Interest expense Cash 96,000 1,920 oo 97,920 6 November 28 Cash Notes payable - Austin 54.99 54,000 7 December 31 900 Interest expense Interest payable BIS 900 Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Gross Pay Journal Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 September 30 FICA--Social security taxes payable FICA-Medicare taxes payable Goneral Journal (Taxes to be Withheld From Gross Pay Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Gross Pay Journal Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 September 30 FICA--Social security taxes payable FICA-Medicare taxes payable Goneral Journal (Taxes to be Withheld From Gross Pay Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Gross Pay Journal Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 September 30 FICA--Social security taxes payable FICA-Medicare taxes payable Goneral Journal (Taxes to be Withheld From Gross Pay Cash Do 12.750 3 July 08 96,000 Cash Notes payable - NYR Bank 96,000 4 August 17 Notes payable - Perry Interest expense Cash OOO 36,000 1,080 37,080 5 November 05 Notes payable - NYR Bank Interest expense Cash 96,000 1,920 oo 97,920 6 November 28 Cash Notes payable - Austin 54.99 54,000 7 December 31 900 Interest expense Interest payable BIS 900 Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Gross Pay Journal Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 September 30 FICA--Social security taxes payable FICA-Medicare taxes payable Goneral Journal (Taxes to be Withheld From Gross Pay