Journalize the following payroll tax liability of David Roadways. Payroll tax expenses totaling $177.01 include:1. Social Security Tax paid $83.72 2. Medicare Tax paid $9.58 3. State Unemployment Tax paid $72.91 4. Federal Unemployment Tax paid $10.80

Question

Sadie Logan

Business

28 February, 04:03

Journalize the following payroll tax liability of David Roadways. Payroll tax expenses totaling $177.01 include:1. Social Security Tax paid $83.72 2. Medicare Tax paid $9.58 3. State Unemployment Tax paid $72.91 4. Federal Unemployment Tax paid $10.80

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Answers (1)

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Rebekah · Answer 1

Answer: The journal entry is as follows:

Explanation:

Given that,

Payroll tax expenses totaling = $177.01

Social Security Tax paid (SST) = $83.72

Medicare Tax paid (MT) = $9.58

State Unemployment Tax paid (SUT) = $72.91

Federal Unemployment Tax paid (FUT) = $10.80

Salary expense A/c Dr. $177.01

To SST payable $83.72

To MT payable $9.58

To SUT payable $72.91

To FUT payable $10.80

(entry for payroll tax liability of David Roadways)