part b Question 8.5/17 During the month of March, Pharoah...
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Accounting
part b Question
8.5/17 During the month of March, Pharoah Company's employees earned wages of $82.000. Withholdings related to the wages were $6,273 for FICA. $9,840 for federal income tax $4.100 for state income tax, and $492 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $820 for state unemployment tax (a) Your answer is correct Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable Assurve that wages earned during March will be paid during April. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Credit Debit Account Titles and Explanation Salaries and Woces Expense 82000 Mar. 31 FICA Txes Payable Federal income The Payable 110 State Income Taxes Post Union Dues Payable Staries and Wages Payabile List of Accounts Attempts: 1 of 3 used (b) Prepare the entry to record the company's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 e Textbook and Media List of Accounts Sobre Am Attempts: 0 of 3 used Save for Later NECROCE
part b Question


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