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The following totals for the month of April were taken from the payroll register of Marigold Company. Salaries and wages $71200 FICA taxes withheld 5515
The following totals for the month of April were taken from the payroll register of Marigold Company. Salaries and wages $71200 FICA taxes withheld 5515 Income taxes withheld 14500 Medical insurance deductions 2640 196 Federal unemployment taxes State unemployment taxes 1287 The entry to record accrual of Marigold Company's payroll taxes would include a debit to Payroll Tax Expense for $1483. debit to Payroll Tax Expense for $6998. credit to FICA Taxes Payable for $8985. credit to Payroll Tax Expense for $1483
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