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Shamrock Corporation’s weekly payroll of $32,000 included FICAtaxes withheld of $2,448, federal taxes withheld of...

Shamrock Corporation’s weekly payroll of $32,000 included FICA taxes withheld of $2,448, federal taxes withheld of $3,060, state taxes withheld of $990, and insurance premiums withheld of $230. Prepare the journal entry to record Shamrock’s payroll.

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Expert Solution

Salaries and Wages Expense 32,000
Fica taxes withheld 2448
Federal income taxes withheld 3060
State taxes withheld 990
Insurance premium withheld 230
Cash 25,272

ekkarill92 answered 2 years ago
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