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The following totals for the month of April were taken from the payroll register of Crane Company. Salaries and wages $88000 FICA taxes withheld
The following totals for the month of April were taken from the payroll register of Crane Company. Salaries and wages $88000 FICA taxes withheld 6732 Income taxes withheld 15000 Medical insurance deductions 2700 Federal unemployment taxes 528 State unemployment taxes 4752 The entry to record the payment of net payroll would include a Odebit to Salaries and Wages Payable for $56836. O debit to Salaries and Wages Payable for $58288. O credit to Cash for $70300. Odebit to Salaries and Wages Payable for $63568. 4
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