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Ule Presenb x Abercrombie-presen ypius.com/edugen/lti/main.uni C Suppose In Its

ID: 2508462 • Letter: U

Question

Ule Presenb x Abercrombie-presen ypius.com/edugen/lti/main.uni C Suppose In Its 2017 A x Kimmel, Accounting, 6e Help I Do It! Review 10-1b incurred for unemployment taxes were $143 for federal and $208 for state. Prepare the February 28 journal entries for (a) Salaries and wages expense and salaries and wages payable assuming that ali February wages will be paid in March )The company's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation a) Feb. 28 During the month of February, Sarasota Corp,'s employeres eamews f 200, withholdings related to these wages were $7,359 for Social Security ???), ss,230forfederal monetau ma saro foram daki Debit Credit b) Feb. 28 Open Show Work Click if you would like to Show Work for this question: LINK TO T

Explanation / Answer

JOURNAL ENRTIES

(a)  

Salaries and Wages Expense A/c Dr     $96,200

To FICA Taxes Payable A/c Cr                         7,359

To Federal Income Tax A/c Cr                         9,230

To State income Tax A/c Cr                         2,470

To Salaries and Wages Payable A/c Cr                         77,141

(b)

Payroll Taxes Expense A/c Dr     7,710

To FICA Taxes Payable A/c Cr 7,359

To Federal unemployment tax payable A/c Cr 143

To State unemployment tax payable A/c Cr 208

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