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The payroll register for D. Salah Company for the week ended May 18 indicated the following: Salaries Federal income tax withheld $551,000 110,200) The salaries
The payroll register for D. Salah Company for the week ended May 18 indicated the following: Salaries Federal income tax withheld $551,000 110,200) The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated a 0.8%, respectively, on $10,000 of salaries If an amount box does not require an entry, leave it blank a. Journalize the entry to record the payroll for the week of May 18. May 181 b. Journalize the entry to record the payroll tax expense incurred for the week of May 18 May 18 rate of 5.4% and Previous Next
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