Your assistant has just completed a rough draft of Form 941, shown on pages 3-70 and 3-71, for the quarter ending March 31, 20--. As the supervisor and authorized signer, you are auditing the form before it is mailed to ensure its accuracy.
Four of the company€™s general ledger accounts are shown on the following two pages. Employees are paid on the 15th and last day of each month. The company is a semiweekly depositor. Indicate any changes that should be made on the form before it is signed, dated, and mailed.

Transcribed Image Text:

EMPLOYEES FEDERAL INCOME TAX PAYABLE Account No. 216 Balance Debit Debit Date Credit Credit 20-- 1,980.00 1,980.00 Jan. 15 1,980.00 19 2,217.00 2,217.00 31 Feb. 2 2,217.00 15 2,016.00 2,016.00 22 2,016.00 28 2,007.00 2,007.00 Mar. 3 2,007.00 1,970.00 15 1,970.00 20 1,970.00 31 1,887.00 1,887.00 1,887.00 Apr. Account No. 511 WAGES AND SALARIES Balance Credit Date 20-- Debit Credit Debit Jan. 12,483.16 13,609.40 13,447.13 12,964.43 12,689.02 12,707.69 12,483.16 26,092.56 39,539.69 52,504.12 65,193.14 77,900.83 15 31 Feb. 15 28 Mar. 15 31