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Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details Salaries and wages earned by employees
Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details Salaries and wages earned by employees Employee income taxes withheld Employee government insurance premiums withheld FICA payroll taxes S 214,000 42,800 2,000 16,600 $16,600 each for employer and employees. Required 1. Prepare the journal entry to record the payroll for March, including employee deductions. Assume employees have been paid, but that Paul has yet to transfer any withholdings to the government (If the first account field.) View transaction list Journal entry worksheet Record the payroll for March, including employee deductions. Note: Enter debits before credits. Date General Journal DebitCredit March 31 Record entry Clear entry View general journal
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