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Journalize Payroll Tax The payroll register of Castilla Heritage Co indicates $1,104 of social security withheld and $276.00 of Medicare tax withheld on total
Journalize Payroll Tax The payroll register of Castilla Heritage Co indicates $1,104 of social security withheld and $276.00 of Medicare tax withheld on total salaries of $18,400 for the period. Earnings of $5,300 are subject to state and federal unemployment compensation taves 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. Payroll Tax Expense Social Security Tax Payable Medicare Tax Payable 1.104 276 Federal Unemployment Tax Payable State Unemployment Tax Payable x < < Feedback Check My Work Remember that there is typically a maximum amount of earnings subject to state and federal unemployment tas
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