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Payroll records show Salaries $350,000 FICA Taxes-employees 21,700 FICA Taxes-employer 21,700 Federal unemployment taxes 3,500 State unemployment taxes 1,750 The journal entry to record the
Payroll records show
Salaries | $350,000 |
FICA Taxes-employees | 21,700 |
FICA Taxes-employer | 21,700 |
Federal unemployment taxes | 3,500 |
State unemployment taxes | 1,750 |
The journal entry to record the monthly Payroll Tax Expense would include a:
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