The following totals for the month of April were taken from the payroll records of Metz Company. | eBooks | Education

The following totals for the month of April were taken from the payroll records of Metz Company.

The following totals for the month of April were taken from the payroll records of Metz Company. PLDZ-4362 Free
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The following totals for the month of April were taken from the payroll records of Metz Company.

https://uopcourses.com/category/acc-291/

 

The following totals for the month of April were taken from the payroll records of Metz Company.

Salaries

$30,000

FICA taxes withheld

2,295

Income taxes withheld

6,600

Medical insurance deductions

1,200

Federal unemployment taxes

240

State unemployment taxes

1,500

 

The entry to record accrual of employer’s payroll taxes would include a

 

credit to FICA Taxes Payable for $1,740.

 

debit to Payroll Tax Expense for $4,035.

 

credit to Payroll Tax Expense for $4,035.

 

credit to Payroll Tax Expense for $1,740.

 

 

The following totals for the month of April were taken from the payroll records of Metz Company. https://uopcourses.com/category/acc-291/ The following totals for the month of April were taken from the payroll records of Metz Company.
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