Using the data in situation a of Exercise 9-6, prepare the employers September 30 journal entries to
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(1) Salary expense and its related payroll liabilities for this employee.
(2) The employers payroll taxes expense and its related liabilities. The employees federal income taxes withheld by the employer are $250 for this pay period.
Exercise 9-6
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Rate Appled To 6.20% First $106,800 45 All gross pay Tax FICA-Social Security.... FICA-Medicare FUTA SUTA 0.80 Flrst $7.000 2.90 First $7,000
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Sept 30 Salaries Expense 210000 FICASocial Security Taxes Payable 13020 FICAMedicare Taxes ...View the full answer
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