Solved

Anthony Pescador Owns Sundance Florist

Question 61

Essay

Anthony Pescador owns Sundance Florist.He does his banking at United Credit Union (UCU)in Myrtle Beach,South Carolina.The amounts in his general ledger for payroll taxes and the employee's withholding of Social Security,Medicare,and federal income tax as of April 15 of the current year show the following: Social Security tax payable (employer and employee),$3,412; Medicare tax payable (employer and employee),$816; FUTA tax payable,$180; SUTA tax payable,$1,256; and Employee income tax payable,$9,828.Journalize the payment of the Form 941 deposit to UCU and the payment of the SUTA tax to the State of South Carolina as of April 15,20--.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents