Business, 04.12.2019 02:31 rleiphart1
The following totals for the month of march were taken from the payroll records of kern company:
salaries $54,000
fica taxes withheld 4,131
income taxes withheld 11,880
medical insurance deductions 783
federal unemployment taxes 462
state unemployment taxes 2,700
the entry to record accrual of employer's payroll taxes would include a:
a. credit to payroll tax expense for $7,293.
b. debit to payroll tax expense for $7,293
c. debit to payroll tax expense for $7,263
d. debit to payroll tax expense for $19,143
Answers: 2
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The following totals for the month of march were taken from the payroll records of kern company:
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