On September 30, Hilltop Companys selected payroll accounts are as follows. Prepare general journal entries to record
Question:
Prepare general journal entries to record the following:
Oct. 15 Payment of federal tax deposit of FICA taxes and the federal income tax.
31 Payment of state unemployment tax.
31 Payment of federal unemploymenttax.
Transcribed Image Text:
FICA Taxes Payable State Unemployment Tax Payable Sept. 30 2,314.84 (employer) Sept. 30 1,568.12 (employee) Sept. 30 1,183.40 Employees Federal Income Tax Payable Federal Unemployment Tax Payable Sept. 30 575.32 Sept. 30 3,210.85
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GENERAL JOURNAL PAGE POST DATE DESCRIPTION REF DEBIT CREDIT 20 Oct 15 Employees Fe...View the full answer
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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