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The payroll register of Heritage Co. indicates $13,920 of social security withheld and $3,480 of Medicare tax withheld on total salaries of $232,000 for the
The payroll register of Heritage Co. indicates $13,920 of social security withheld and $3,480 of Medicare tax withheld on total salaries of $232,000 for the period. Federal withholding for the period totaled $43,200. Retirement savings withheld from employee paychecks were $2,260 for the period Journalize the entry to record the period's payroll. Refer to the Chart of Accounts for exact wording of account titles
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