Question: Question 23 View Policies Current Attempt in Progress The following totals for the month of April were taken from the payroll records of Metlock, Inc..
Question 23 View Policies Current Attempt in Progress The following totals for the month of April were taken from the payroll records of Metlock, Inc.. Salaries $108000 FICA taxes withheld 8260 Income taxes withheld 22500 Medical insurance deductions 4100 Federal unemployment taxes 290 State unemployment taxes 19,40 The journal entry to record the monthly payroll on April 30 would include a debit to Saries and Wages Expense for $108000. debit to Salaries and Wages Expense for $73140. debit to Salaries and Wages Payable for $108000. credit to Salaries and Wages Payable for $108000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
