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the payroll register for Jaffrey company for the week ended may 16 indicated following: salaries:1250000 social security:58750 medicare tax withheld:18750 federal income tax withheld:250000 in

the payroll register for Jaffrey company for the week ended may 16 indicated following: salaries:1250000 social security:58750 medicare tax withheld:18750 federal income tax withheld:250000

in addition state and federal unemployment taxes were calculated at the rate if 5.4% and 0.8% respectively on 225000 of salaries. for a compound transaction journalize the entry to record the payroll for the week of may 16.

Journalize the entry to record the payroll tax expense incurred for the week of May 16.

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