On August 31,2014,payroll data from the records of Astroland Enterprises showed:

Provide the entries necessary to:
(1)Record the payment of the payroll on August 31,2014.
(2)Record the employer's payroll tax liabilities.(The federal unemployment tax rate is 0.8 percent; the state unemployment tax rate is 5.4 percent.)

Question

On August 31,2014,payroll data from the records of Astroland Enterprises showed:
  
Provide the entries necessary to:
(1)Record the payment of the payroll on August 31,2014.
(2)Record the employer's payroll tax liabilities.(The federal unemployment tax rate is 0.8 percent; the state unemployment tax rate is 5.4 percent.)

Quizplus · Accepted Answer

The Answer of On August 31,2014,payroll data from the records of Astroland Enterprises showed:
  
Provide the entries necessary to:
(1)Record the payment of the payroll on August 31,2014.
(2)Record the employer's payroll tax liabilities.(The federal unemployment tax rate is 0.8 percent; the state unemployment tax rate is 5.4 percent.)

On August 31,2014,payroll Data from the Records of Astroland Enterprises