KMH Industries is a monthly schedule depositor of payroll taxes. For the month of August 2022, the
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KMH Industries is a monthly schedule depositor of payroll taxes. For the month of August 2022, the payroll taxes (employee and employer share combined) were as follows:
Social Security tax: $3,252.28
Medicare tax: $760.61
Employee federal income tax: $2,520.00
Create the General Journal entry for the remittance of the taxes. The entry should be dated September 14, 2022. Use check 2052 in the description.
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Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
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