Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

The following totals for the month of April were taken from the payroll register

ID: 2468747 • Letter: T

Question

The following totals for the month of April were taken from the payroll register of Noll Company.
Salaries...............................................$24,000
FICA taxes withheld..................................1,100
Income taxes withheld...............................5,000
Medical insurance deductions........................900
Federal unemployment taxes..........................64
State unemployment taxes...........................432
The journal entry to record the accrual of employer's payroll taxes would include a

Question 5 options:

debit to Payroll Tax expense for $496

credit to FICA Taxes Payable for $2,200

debit to Payroll Tax Expense for $1,596

credit to Payroll Tax Expense for $496

debit to Payroll Tax expense for $496

credit to FICA Taxes Payable for $2,200

debit to Payroll Tax Expense for $1,596

credit to Payroll Tax Expense for $496

Explanation / Answer

debit to Payroll Tax Expense for $1,596

pay roll tax epenses are

FICA taxes withheld..................................1,100

Federal unemployment taxes..........................64
State unemployment taxes...........................432

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote