Question: At the end of March 201X the total amount of

At the end of March 201X, the total amount of OASDI, $500, and Medicare, $220, was withheld as tax deductions from the employees of River, Inc. Federal income tax of $2,940 was also deducted from their paychecks. River is classified as a monthly depositor of Form 941 taxes.
Indicate when this payroll tax deposit is due and provide a general journal entry to record the payment.

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  • CreatedApril 24, 2014
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