Question
The totals from thefirstpayroll of the year are shown below. Total Earnings FICA OASDI FICA HI FIT W/H State Tax Union Dues Net Pay $36,195.10
| The totals from thefirstpayroll 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 or enter "0". Round your answers to two decimal places.
|
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
1260481956, 1260310175, 978-1260481952
