Prepare the February journal entries for salaries

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Question - During the month of February, Ben's Asphalt employees earned wages of $106,000. Withholdings related to these wages were $8,109 for FICA, $22,010 for federal income tax, and $5,890 for state income tax. Costs incurred for unemployment taxes were $341 for federal and $496 for state.

Prepare the February 28 journal entries for

(a) Salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March.

(b) The company's payroll tax expense.

Reference no: EM132437443

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