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Prepare journal entries for payment of employee salaries

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Question - On December 15, Zook Enterprises pays wages of $67,000, from which it withholds $5,126 Medicare, $9,640 FIT and $7,181 for health insurance premiums. Zook's share of the health insurance premium for the period is $21,544. FUTA is $520; SUI, $2,080. Prepare the following journal entries:

1. Payment of employee salaries, including deductions.

2. Zook's payroll tax expense.

3. Zook remits its payroll taxes.

4. Zook pays the health insurance premium.

Reference no: EM132549913

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