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Journalize Payroll Tax The payroll register of Castilla Engineering Co. indicates $1,134 of social security withheld and $283.5 of Medicare tax withheld on total salaries
Journalize Payroll Tax
The payroll register of Castilla Engineering Co. indicates $1,134 of social security withheld and $283.5 of Medicare tax withheld on total salaries of $18,900 for the period. Earnings of $5,300 are subject to state and federal unemployment compensation taxes at the federal rate of 0.8% and the state rate of 5.4%.
Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places.
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