Legends Leadworks is a monthly schedule depositor of payroll taxes. For the month of April 2022, the
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Legends Leadworks is a monthly schedule depositor of payroll taxes. For the month of April 2022, the payroll taxes (employee and employer share) were as follows:
Social Security tax: $5,386.56
Medicare tax: $1,259.76
Employee federal income tax: $4,978.00
Create the General Journal entry for the remittance of the taxes on May 14, 2022. Use check 1320 in the description.
Transcribed Image Text:
1 IN 2 3 45 5 6 7 8 00 Date Description Post Ref. Debit Credit 1 2 496AWN 3 5 7 8
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Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
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