Payroll entries Widmer Company had gross wages of $240,000 during the week ended June 17. The amount of wages subject to social security tax was $240,000, while the amount of wages subject to federal and state unemployment taxes was $35,000. Tax rates are as follows: 11eb6eb8_23df_a82f_9fd7_b1e0496f82f6_SM1486_00 The total amount withheld from employee wages for federal taxes was $48,000. a. Journalize the entry to record the payroll for the week of June 17. b. Journalize the entry to record the payroll tax expense incurred for the week of June 17.

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 26الرقم المعياري الدولي: 978-1285743615

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 26الرقم المعياري الدولي: 978-1285743615

تمرين 42

Payroll entries
Widmer Company had gross wages of $240,000 during the week ended June 17. The amount of wages subject to social security tax was $240,000, while the amount of wages subject to federal and state unemployment taxes was $35,000. Tax rates are as follows:

The total amount withheld from employee wages for federal taxes was $48,000.
a. Journalize the entry to record the payroll for the week of June 17.
b. Journalize the entry to record the payroll tax expense incurred for the week of June 17.

التوضيح

موثّق

Payroll:
The amount paid to the employe...