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The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 FICA taxes withheld 550 Income taxes
The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 FICA taxes withheld 550 Income taxes withheld 2,500 Medical insurance deductions 450 Federal Unemployment Taxes 32 State Unemployment Taxes 216 6. Prepare the journar enry to record the monthly payrou on April 30: pts) Account Debit Credit Salaries Social security tax payable Medicare Tax payable Federal Income tax payable Salaries payable
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