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Instructions Widmer Company had gross wages of $310,000 during the week ended June 17. The amount of wages subject to social security tax was
Instructions Widmer Company had gross wages of $310,000 during the week ended June 17. The amount of wages subject to social security tax was $310,000, while the amount of wages subject to federal and slate unemployment was $36,000 Tax rates are as follows: Social security Medicare 6.0% 1.5% State unemployment Federal unemployment 0.0% The total amount withheld from employee wages for federal taxes was 547,000 Required Joumate the entry to recond the payrol for the week of June 17, Jumatize the entry to recond the pay tax expense incumed for the wee General Journal Wi wa a. Journalize the entry to record the payroll for the week of June 17. b. Journalize the entry to record the payroll tax expense incured for the week of June 17. General Joumal Instructions 1 2 PAGE 11 ACCOUNTING EQUATION JOURNAL DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABILITIES EQUITY o feder
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