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16 October, 17:56

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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  1. 16 October, 21:16
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    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)
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