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Wildhorse Corporation's weekly payroll of $30,000 included FICA taxes withheld of $2,295, federal taxes withheld of $2,690, state taxes withheld of $870, and surance premiums
Wildhorse Corporation's weekly payroll of $30,000 included FICA taxes withheld of $2,295, federal taxes withheld of $2,690, state taxes withheld of $870, and surance premiums withheld of $250. Prepare the journal entry to record Wildhorse's payroll. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account tities are automat it account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Salaries and Wages Expense 6105 2295 FICA Taxes Payable *..... ... FUTA Taxes Payable 2690 SUTA Taxes Payable 870 250 Insurance Premium Payable JC
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