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The payroll register of Heritage Co. indicates $1,800 of social security withheld and $450.00 of Medicare tax withheld on total salaries of $30,000 for the period. Earnings of $9,300 are subject to state and federal unemployment compensation taxes at the federal rate of 0.8% and the state rate of 5.4%. Journalize the entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places. blank Account Debit Credit blank

The payroll register of Heritage Co. indicates $1,800 of social security withheld and $450.00 of Medicare tax withheld on total salaries of $30,000 for the period. Earnings of $9,300 are subject to state and federal unemployment compensation taxes at the federal rate of 0.8% and the state rate of 5.4%. Journalize the entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places. blank Account Debit Credit blank

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 1MP: The totals line from Nix Companys payroll register for the week ended March 31, 20--, is as follows:...
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The payroll register of Heritage Co. indicates $1,800 of social security withheld and $450.00 of Medicare tax withheld on total salaries of $30,000 for the period. Earnings of $9,300 are subject to state and federal unemployment compensation taxes at the federal rate of 0.8% and the state rate of 5.4%.

Journalize the entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places.

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