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The totals from the first payroll of the year are shown below. Total Earnings FICA OASDI FICA HI FIT W/H State Tax Union Dues Net
The totals from the first payroll of the year are shown below. | |||||||||||||
Total Earnings | FICA OASDI | FICA HI | FIT W/H | State Tax | Union Dues | Net Pay | |||||||
$36,195.10 | $2,244.10 | $524.83 | $6,515.00 | $361.95 | $500.00 | $26,049.22 | |||||||
Journalize the entry to deposit the FICA and FIT taxes.
For a compound transaction, if an amount box does not require an entry, leave it blank. Round your answers to two decimal places.
CashFICA Taxes Payable-OASDIPayroll TaxesRent ExpenseWages Payable | |||
Accounts PayableFICA Taxes Payable-HIPayroll TaxesRent ExpenseWages Expense | |||
Employee FIT PayableNotes PayablePayroll TaxesRent PayableWages Expense | - Select - | - Select - | |
Accounts ReceivableCashFICA Taxes Payable-HIFICA Taxes Payable-OASDIPayroll Taxes | - Select - | - Select - |
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