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ournalize payroll tax Instruction Chart of Accounts Journal 1 Instructions The saytlesinter of Rugperio Co indicates 513,920 of social security withheld and $3.480 of Medicare
ournalize payroll tax Instruction Chart of Accounts Journal 1 Instructions The saytlesinter of Rugperio Co indicates 513,920 of social security withheld and $3.480 of Medicare tax withheld on total sataries of 232,000 for the period. Earnings of 32,000 are rubject to state and federal unemployment compensation taxes at the federal rate of 0. 60% and the state rate of 5 40% On December 31, provide the journal entry to record the payroll tax expense for the period Refer to the Chart of Accounts for exact wording of account titles
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