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Journalize Period Payroll The payroll register of Wang Heritage Co. indicates $1,140 of social security withheld...

Journalize Period Payroll

The payroll register of Wang Heritage 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 $3,230. Retirement savings withheld from employee paychecks were $2,550 for the period.

Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.
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Answer #1
Journal entries
S.no. Accounts title and explanations Debit $ Credit $
a. Salaries and wages expense 19000
    FICA Social security tax payable 1140
    FICA Medicare tax payable 285
    Federal Tax Payable 3230
    Retirement benefits payable 2550
    Salaries and wages payable 11795
(for salaries and wages due)
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