The following payroll liability accounts are included in the ledger of Clementine Company on January 1, 2018: In January, the following transactions occurred:
Jan. 9 Sent a check for $5,000 to Blue Cross and Blue Shield.
11 Deposited a check for $5,600 in Federal Reserve Bank for FICA taxes and federal income taxes withheld.
14 Sent a check for $400 to the union treasurer for union dues.
18 Paid state income taxes withheld from employees.
21 Paid state and federal unemployment taxes.
22 Purchased U. S. Savings Bonds for employees by writing a check for $1,000.
Instructions
Journalize the January transactions
Correct Answer:
Verified
Q22: Which of the following is not performed
Q23: Control over timekeeping does not include
A) having
Q25: An employee's payroll check is distributed by
Q28: Ann Hech's regular hourly wage is $18
Q29: Sam Geller had earned (accumulated) salary of
Q106: Which of the following employees would likely
Q154: The tax that is paid equally by
Q208: Two federal taxes which are levied against
Q215: The employer incurs a payroll tax expense
Q217: A payroll tax expense which is borne
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents