The following totals for the month of April were taken from the payroll records of Shamrock Company. Salaries $97200 FICA taxes withheld 7435 Income taxes withheld 21400 Medical insurance deductions 3900 Federal unemployment taxes 780 State unemployment taxes 4900 The entry to record the payment of net payroll would include a
The following totals for the month of April were taken from the payroll records of Shamrock Company. Salaries $97200 FICA taxes withheld 7435 Income taxes withheld 21400 Medical insurance deductions 3900 Federal unemployment taxes 780 State unemployment taxes 4900 The entry to record the payment of net payroll would include a
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter9: Current Liabilities And Contingent Obligations
Section: Chapter Questions
Problem 7RE: Wallace Corporation summarizes the following information from its weekly payroll records during...
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The following totals for the month of April were taken from the payroll records of Shamrock Company.
Salaries | $97200 |
FICA taxes withheld | 7435 |
Income taxes withheld | 21400 |
Medical insurance deductions | 3900 |
Federal |
780 |
State unemployment taxes | 4900 |
The entry to record the payment of net payroll would include a
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