i. https%3A%, | | a degg Help Save&Exit; txercise 11.2 Recording deposit ot soci

Question

i. https%3A%, | | a degg Help Save&Exit; txercise 11.2 Recording deposit ot social security, Medicare, and income taxes. LO 11-3 Aher Beam Corporation that date, the fiem's general ledger showed a balance of $18,800 in the Sociel Medicare Tax Payeble account, and a balance of $17,360 in the Employee Income Tax ssued a check to deposit the taxes owed in the First Texas Bank Record t paid its employees on July 15, 2019, and recorded the corporation's share of payroll taxes for the payroll paid Security Tax Payable account, a balance of $4,151 in the Payable account On July 16, the business this transaction in general journal form Journal entry worksheet Record entry for depositing payroll taxes Ente 6 Alt Gr Ctrl

Explanation / Answer

16-Jul Social Security tax payable 18800 Medicare tax payable 4151 Employee income tax payable 17360        Cash 40311

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