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Tarheel Inc., a calendar year-end company, pays its employees on the last day of the month for work performed during the month On May 31,

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Tarheel Inc., a calendar year-end company, pays its employees on the last day of the month for work performed during the month On May 31, Tarheel paid its employees $32.000 cash for May's salaries. The following amounts were withheld from their employees' gross pay in order to arrive at the amount paid federal income tax of $4,000 . state income tax of $2,500 . FICA tax of $1,500 Tax withholding are not remitted to the proper tax agencies until the 10h of the following month Required: Answer the following two questions. Note Do not include decimals or cents in your response Question #1. The entry to record the payment of salaries on May 31 should include a debit to the Salaries Expense' account for how much? Answer $ Question 82. The entry to record the payment of salaries on May 31 should include a credit to the 'Cash' account for how much? Answers

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