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Selected columns of Envirocon Company's payroll register for March are as follows. The employer's Social Security tax amount has already been calculated as $1,972.84.
Selected columns of Envirocon Company's payroll register for March are as follows. The employer's Social Security tax amount has already been calculated as $1,972.84. The employees' FICA Medicare tax rate is matched by the employer. Employees' Federal Payment Date Income Tax March 7 1,104.00 14 1,049.00 21 1,148.00 28 1,347.00 Employees' Social Employees' Medicare Tax Security Tax 441.44 103.24 481.12 112.52 529.48 123.83 520.80 121.80 Envirocon Company deposits taxes monthly. Required: In general journal form, record the entry for the April 15 payment of FICA and federal income taxes for employees and employer. If required, round your intermediate calculations and final answers to the nearest cent and use the rounded answers in subsequent computations. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE DESCRIPTION DOC. NO. POST. REF. DEBIT CREDIT DATE 20-- Apr. 15 Employees' Federal Income Tax Payable FICA Social Security Tax Payable FICA Medicare Tax Payable Cash Issued check for federal tax deposit. 4,648 3,945.68 922.78 2,213.77 X
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