Question: Exercise 10.7 Journalizing payroll transactions. LO 10-7 On July 31, 2019, the payroll register for White Sales Company showed the following totals for the month:
Exercise 10.7 Journalizing payroll transactions. LO 10-7 On July 31, 2019, the payroll register for White Sales Company showed the following totals for the month: gross earnings, $39,100; social security tax, $2,424.20; Medicare tax, $566.95; income tax, $3,095.56; and net amount due, $33,013.29. Of the total earnings $30,908.46 was for sales salaries and $8,19154 was for office salaries. Prepare a general journal entry to record the monthly payroll of the firm on July 31, 2019. (Round your final answers to 2 decimal places) Journal entry worksheet Record the payroll expense and related taxes payable Nobe: Enter debits before aredits. Recerd entry Clear entry View general journal F5 F6 FT
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