Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLEASE HELP ME ASAP!! Gross Pay through August 31 $ 5,900 2,400 132,800 Gross Pay for September $ 1,400 2,500 9,400 b C Exercise 9-8
PLEASE HELP ME ASAP!!
Gross Pay through August 31 $ 5,900 2,400 132,800 Gross Pay for September $ 1,400 2,500 9,400 b C Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (8). prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be General Withheld From Gross Pay Journal The employee's federal income taxes withheld by the employer are 580 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee (Round your answers to 2 decimal places) Taxes to be withheld From Gross Pay (Employee-Pald Taxes) September Earnings Subject to Tax Tax Rate TAXAmount Federal income LAX 30.00 PICA - Social Security FICA-Medicare General Journal Assuming situation ().prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be General withheld From Journal Gross Pay Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) View transaction is Journal entry worksheet Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee Note: there before credits General Journal Data September 30 Debit Credit Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started