The payroll register of Shortman Co. indicates $3,240 of social security withheld and $810 of Medicare tax
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The payroll register of Shortman Co. indicates $3,240 of social security withheld and $810 of Medicare tax withheld on total salaries of $54,000 for the period. Retirement savings withheld from employee paychecks were $3,500 for the period. Federal withholding for the period totaled $10,690. Provide the journal entry for the period’s payroll.
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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