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The naytoll meister of Hentage Co indicates $12,000 of social security withheld and $3,000 of Medicare tax withheld on total salaries of $200,000 for the
The naytoll meister of Hentage Co indicates $12,000 of social security withheld and $3,000 of Medicare tax withheld on total salaries of $200,000 for the period Federal winholding for the pluriod totaled 543,200 Retirement savings withheld from employee paychecks were $2,380 for the period Journalize the entry to record de period's payroll Refer to me Chart of Accounts for exact wording of account odes, Chart of Accounts ASSETS 110 Cash REVENUE 410 Sales 610 Interest Revenue 111 Accounts Receivable lo 112 Interest Receivable 113 Notes Receivable 115 Inventory 116 Supplies 118 Prepaid Insurance 120 Land 123 Building 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation-Office Equipment EXPENSES 510 Cost of Goods Sold 520 Salaries Expense 524 Depreciation Expense-Building 525 Delivery Expense 526 Repairs Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Supplies Expense LIABILITIES Chart of Accounts LIABILITIES Fe 534 Supplies Expense 535 Payroll Tax Expense Jo 210 Accounts Payable 213 Interest Payable 214 Notes Payable 215 Salaries Payable 216 Social Security Tax Payable 217 Medicare Tax Payable 218 Employees Federal Income Tax Payable 219 Employees State Income Tax Payable 221 Retirement Savings Deductions Payable 536 Vacation Pay Expense 537 Pension Expense 538 Cash Short and Over 539 Product Warranty Expense 540 Miscellaneous Expense 710 Interest Expense 224 Federal Unemployment Tax Payable 225 State Unemployment Tax Payable 226 Vacation Pay Payable 227 Untunded Pension Liability 228 Product Warranty Payable
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