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Instructions The payroll register for D. Salah Company for the week ended May 18 indicated the following: Salaries $520,000 Federal income tax withhold 104,000 The
Instructions The payroll register for D. Salah Company for the week ended May 18 indicated the following: Salaries $520,000 Federal income tax withhold 104,000 The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.8%, respectively, on $9.880 of salaries. Required: a. Journalize the entry to record the payroll for the wook of May 18." b. Journalize the entry to record the payroll tax expense incurred for the week of May 18." "Refer to the Chart of Accounts for exact wording of account titles. Round your answers to the nearest whole dollar. Journal a. Joumalize the entry to record the payroll for the week of May 18." b. Joumalize the entry to record the payroll tax expense Incurred for the week of May 18. "Refer to the Chart of Accounts for exact wording of account titles. Round your answers to the nearest whole dollar. DATE DESCRIPTION PAGE 11 JOURNAL ACCOUNTING EQUATION POST REF DEBIT CREDIT ASSETS LIABILITIES EQUITY
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