Question: Refer to the data in PE 8-1. Make the journal entry necessary to record salaries expense for the period. Data from PE 8-1 State withholding

Refer to the data in PE 8-1. Make the journal entry necessary to record salaries expense for the period.


Data from PE 8-1

State withholding taxes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 6,100
FICA taxes payable, employer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,503
Salaries payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,647
Federal unemployment taxes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 720
Federal withholding taxes payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,750
State unemployment taxes payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,380
FICA taxes payable, employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,503

Step by Step Solution

3.29 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Salaries Expense 85000 State Withh... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

75-B-A-A-C (667).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!