Question: PSb 4-9 Record Employee Payroll Journal Entry Based on the following figures for all employees during the most recent pay period, record the necessary journal

 PSb 4-9 Record Employee Payroll Journal Entry Based on the following

PSb 4-9 Record Employee Payroll Journal Entry Based on the following figures for all employees during the most recent pay period, record the necessary journal entry to account for employee payroll as of 05/01/2020. Chart of Accounts Notes: Enter the transaction date on the first line only (if multiple transactions are required, enter the date on the first line of each transaction). Enter all debits within the transaction prior to entering any credits. See the Chart of Accounts provided for the proper account names to use. To earn any credit for a given line within the journal entry, the account name must be correct. Partial credit is given for a correct account name with an incorrect amount; full credit is given for a correct account name with the correct amount. Do not include journal entry explanation when submitting your answer. Account Name Amount State income tax payable $175.32 Salaries expense $3,589.82 Cafeteria Plan Payable $98.42 Medicare tax payable $56.08 Federal income tax payable $262.44 Charitable contribution payable $51.71 Life insurance payable $51.84 Retirement plan payable $64.55 Social Security tax payable $180.94 Wages expense $406.67 PSb 4-9 Record Employee Payroll Journal Entry Based on the following figures for all employees during the most recent pay period, record the necessary journal entry to account for employee payroll as of 05/01/2020. Chart of Accounts Notes: Enter the transaction date on the first line only (if multiple transactions are required, enter the date on the first line of each transaction). Enter all debits within the transaction prior to entering any credits. See the Chart of Accounts provided for the proper account names to use. To earn any credit for a given line within the journal entry, the account name must be correct. Partial credit is given for a correct account name with an incorrect amount; full credit is given for a correct account name with the correct amount. Do not include journal entry explanation when submitting your answer. Account Name Amount State income tax payable $175.32 Salaries expense $3,589.82 Cafeteria Plan Payable $98.42 Medicare tax payable $56.08 Federal income tax payable $262.44 Charitable contribution payable $51.71 Life insurance payable $51.84 Retirement plan payable $64.55 Social Security tax payable $180.94 Wages expense $406.67

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