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Payroll entries The payroll register for D. Salah Company for the week ended May 18 indicated the following: $645,000 129,000 The salaries were all subject
Payroll entries The payroll register for D. Salah Company for the week ended May 18 indicated the following: $645,000 129,000 The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were computed at the rate of 5.4% and 0.8%, respectively, on $12,000 of salaries. Assume the company runs all paychecks through Salaries Payable. If an amount box does not require an entry, leave it blank. a. Journalize the entry to record the payroll for the week of May 18. Salaries Federal income tax withheld May 18 b. Journalize the entry to record the payroll tax expense incurred for the week of May 18. May 18 Y
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