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Weaver Company has monthly salaries of $24,000. Assume Weaver pays all the standard payroll taxes, no employees have reached the payroll tax limits, total income

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Weaver Company has monthly salaries of $24,000. Assume Weaver pays all the standard payroll taxes, no employees have reached the payroll tax limits, total income tax withheld is $2.000, and the only payroll deductions are payroll taxes. Journalize the accrual of salaries expense, accrual of employer payrollares, and payment of employee and employer payroll taxes for Weaver Company. (Assume all of the monthly salary is subject to FUTA and SUTA Record debits first, then credits. Select the explanation on the last line of the journal entry table) Click the icon to view payroll tax rate information) Credit Begin with the entry to accrue salaries expense and payroll withholdings for the employee Date Accounts and Explanation Debit Salaries Expense 20.000 Employee Income Taxes Payable FICA OASDI Taxes Payable FICA-Medicare Taxes Payable Salarins Payable To record salarios expense and payroll withholdings 2.000 348 20.164 Next, record the entry to accrue employer payroll taxes for Weaver Company Date Accounts and Explanation Debar Credit axes ar Clear all Check answer ay: 190 MA Get more help SO 00 DII FB DD F9 TO F7 + & 7 00 * delete 8 0) 9 0 O { [ U

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