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ons Chart of Accounts Journal The payroll register for Proctor Company for the week ended February 14 indicated the following: $1,560,000 Social security tax withheld
ons Chart of Accounts Journal The payroll register for Proctor Company for the week ended February 14 indicated the following: $1,560,000 Social security tax withheld 93.600 23,400 312,000 Medicare tax withheld in additio state and federal unemployment taxes were calcuated at he rate of 5.4% and 08%, respectively, on $270,000 of salaries. Required: A. Journalize the entry to record the payroll for the week of February 14. B. Journalize the entry to record the payroll tax expense incurred for the week of February 14. Refer to the Chart of Accounts for exact wording of account titles 1AM
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