Question
The following totals for the month of April were taken from the payroll register of Noll Company. Salaries...............................................$24,000 FICA taxes withheld..................................1,100 Income taxes withheld...............................5,000 Medical
The following totals for the month of April were taken from the payroll register of Noll Company. Salaries...............................................$24,000 FICA taxes withheld..................................1,100 Income taxes withheld...............................5,000 Medical insurance deductions........................900 Federal unemployment taxes..........................64 State unemployment taxes...........................432 The journal entry to record the accrual of employer's payroll taxes would include a
Question 5 options:
debit to Payroll Tax expense for $496 | |
credit to FICA Taxes Payable for $2,200 | |
debit to Payroll Tax Expense for $1,596 | |
credit to Payroll Tax Expense for $496 |
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