Question: What is the Journal Entry that needs to be made? Use the Payroll Report to create the appropriate entry. PayDay Processors Payroll Report Company Molder

What is the Journal Entry that needs to be made? Use the Payroll Report to create the appropriate entry.

PayDay Processors Payroll Report Company Molder of Dreams Payee Fox Skully Date 12/15/20X4 Gross Pay Salary Paycheck Deductions 3500.00 FICA Federal Income Tax State Income Tax 267.75 189.00 168.92 Total 3500.00 Total Net Pay 625.67 2874.33 Employer Taxes FICA-Match FUTA SUTA Total 267.75 0.00 3.75 271.50 Total Cost of Payee Total 3145.83

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