PSb 5-6 Record Employer Payroll Tax Journal Entry

Based on the following figures for the most recent pay period, record the necessary journal entry to account for employer payroll taxes as of 06/29/2018..

• Chart of Accounts

Notes:

• Enter the transaction date on the first line only (if multiple transactions are required, enter the date on the first line of each transaction). Enter all debits within the transaction prior to entering any credits.
• See the Chart of Accounts provided for the proper account names to use.
• To earn any credit for a given line within the journal entry, the account name must be correct. Partial credit is given for a correct account name with an incorrect amount; full credit is given for a correct account name with the correct amount.
• Do not include journal entry explanation when submitting your answer.

Account Name	Amount
Social Security Tax Payable	$217.00
Federal Unemployment Tax Payable	$21.00
Medicare Tax Payable	$50.75
State Unemployment Tax Payable	$119.00

Date/ Account Name / Debit / Credit