The payroll register of Patel Engineering Co. indicates $1,140 of social security withheld and $285 of...

The payroll register of Patel Engineering Co. indicates $1,140 of social security withheld and $285 of Medicare tax withheld on total salaries of $19,000 for the period. Federal withholding for the period totaled $3,420.

Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.

Expert Solution

Solution:
	Total Salaries =	$ 19,000
	Less: Withheld and federal taxation
	Social Security	$ 1,140
	Medical Tax	$ 285
	Federal	$ 3,420
	Net Payable	$ 14,155


Journal Entries
Date	Account Title and explanation	Debit	Credit


----------	Salary Expenses	$ 19,000
	Social Security Payable		$ 1,140
	Medical Tax Payable		$ 285
	Federal Tax Payable		$ 3,420
	Cash		$ 14,155
	(To Record the salary Expenses)

ekkarill92 answered 2 years ago

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