Greenwind Company had the following payroll information for the month of August: Gross salartes of...
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Greenwind Company had the following payroll information for the month of August: Gross salartes of all employees were $336,000 All employees were under the FICA limit, except for Eric, with a monthly salary of $14,000, wha exceeded the fica limit last monch. Assume that the fotlowing tax rates are currently in effect: iteguired: Prepare the journal entry to record the Augist poyroll on August Ji. Nate- 1. The erpployees are actualy poid on Seatenber 1 The erNpoyees the entry to record the enployec's paycoll taxes
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