Gross pay for the employees of Adams Supply Company for September 2019 is as follows: Information on
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Gross pay for the employees of Adams Supply Company for September 2019 is as follows:
Information on withholding and taxes:1. Federal income tax withheld, $62,000.2. FICA taxes withheld on employees, $22,644.3. State income tax withheld, $6,820.4. Health insurance premiums withheld, $5,100.5. Pension contributions withheld, $13,200.6. SUTA taxes are $15,984 and FUTA taxes are $2,368.
Required:
A. Make the journal entry to record the September payroll.B. Record the journal entry for the employer’s payroll taxes.
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ANSWER A Journal entry to record September payroll Account Debit Credi...View the full answer
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Related Book For 
Introduction To AccountingAn Integrated Approach
ISBN: 9781119600107
8th Edition
Authors: Penne Ainsworth, Dan Deines
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