Question
I am having trouble with what all goes on each set of these forms, and how they are different. I just need to know how
I am having trouble with what all goes on each set of these forms, and how they are different. I just need to know how it is set up. Information given is Federal W/H, Social Security tax, medicare w/h, state w/h tax, 401(k), insurance, and total wages. I think cash is included in the last one. Thanks!
***I am only asking for how the journal entries are set up, NOT specific numbers
Prepare the entry to record employee semimonthly payroll expenses for the period ending on October 15.
Prepare the entry to record employer semimonthly payroll taxes for the period ending on October 15.
Prepare the entry to record payment of semimonthly employee wages for the period ending on October 15.
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