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The payroll register for D. Salah Company for the week ended May 18 indicated the following:
Salaries | $561,000 |
Federal income tax withheld | 112,200 |
The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.8%, respectively, on $10,659 of salaries.
a. Journalize the entry to record the payroll for the week of May 18.* | |||
b. Journalize the entry to record the payroll tax expense
incurred for the week of May 18.*
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