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Safari File Edit View History Bookmarks Window Help 0 newconnect.mheducation.com Inbox - salmi_el_idrissi yas@student. Boite de réception (2)- salmiyasmine11 McGraw-Hill Connect Connect Safari File Edit View History Chap 11 - Homework Seved Help Save & Exit Submit Check my work Journal entry worksheet 1.11 points Record all employer's payroll expenses and liabilities for the month of July. eBook Hint Note: Enter debits before credits Print Date General Journal Debit Credit July 31 Payroll taxes expense Federal unemployment taxes payable State unemployment taxes payable FICA-Medicare taxes payable FICA- Social sec. taxes payable Employee medical insurance payable Employee life insurance payable 366 3,294 9,048 38,688 7,500 5,700 Record entry Clear entry View general journal Graw Hill Prev 1 of 9 Next>Explanation / Answer
Accounts Title Dr Cr 1 & 2 Sales salaries $520,000 Office salaries $104,000 Federal Income tax payable $156,000.00 State Income Tax payable $35,000.00 Social security taxes papayble $38,688.00 Medicare taxes payable $9,048.00 Employee Medical & Life Insurance premum payable (12500+9500)*40%) 8800 Union dues payable $6,500.00 Salaries payable $369,964.00 Salaries payable $369,964.00 Cash $369,964.00 Payroll Tax expenses $64,596.00 Social security taxes papayble $38,688 Medicare taxes payable $9,048 Employee Medical & Life Insurance premum payable (12500+9500)*60%) 13200 State Unemployment taxes payable (61000*5.4%) $3,294 Federal Unemployment taxes payable (61000*.6%) $366 Federal Income tax payable $156,000.00 State Income Tax payable $35,000.00 Social security taxes papayble $77,376.00 Medicare taxes payable $18,096.00 Employee Medical & Life Insurance premum payable $22,000.00 Union dues payable $6,500.00 State Unemployment taxes payable (61000*5.4%) $3,294 Federal Unemployment taxes payable (61000*.6%) $366 caSH $318,632.00
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