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I need help with this accounting problem. The Pie Pizzeria was voted Utah's best pizza and has multiple locations throughout the state. The company's payroll
I need help with this accounting problem.
The Pie Pizzeria was voted Utah's best pizza and has multiple locations throughout the state. The company's payroll records for the April 115 pay period show that employees earned wages totaling $73,000 but that employee income taxes totaling $11,600 and FICA taxes totaling $3,775 were withheld from this amount. The net pay was directly deposited into the employees' bank accounts. Assume the Pie Pizzeria also must pay $480 of unemployment taxes for this pay period. Prepare the jounal entries that the Pie would use to record payroll. Include both the employee and employer taxes. View transaction list Journal entry worksheet . B > Record the wages expense for April 1-15 time period, including payroll deductions. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheetStep by Step Solution
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